Assume that you are going to start a business after graduation. think of 10 transactions that the
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Question:
Assume that you are going to start a business after graduation. think of 10 transactions that the business might undertake by using your own idea with the following assumptions:
Started business with cash
Goods purchase for cash
Goods purchased on credit
Any asset purchased and paid cash
Any asset purchase on credit
Sold goods for cash
Sold goods on credit
Paid any bill
Paid salary to staff
Cash withdraw from business for personal use
Based on your own 10 transactions, prepare:
1. Accounting Equation
2. Journal
3. Ledger
4. Trail Balance
5. Financial statement
Posted Date: