Folowing are the trunsuctiona completed by Mr. SAAD 1. Invested rupees 500000 2. Opened a hank...
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Folowing are the trunsuctiona completed by Mr. SAAD 1. Invested rupees 500000 2. Opened a hank account with rupees 350000 1. Purchased goods from Mr. Ali on credit for rupees 45000 and cash rupees 33000 4. Sold goods on account for nupees 55000 and canh rupees 23000 5. Paid for insunance rupees 2600 through CHEQUE 6. Purchased computer fot rupees 32000 7. Received commission in advance threagh a CHEQUE of rupes 12000 8. Ismue a CHEQUE of rupees 44500 to Mr. Ali in full settlement of his account rupees 45000 Required: A: generul journal B: general ledger C: trinl balence Folowing are the trunsuctiona completed by Mr. SAAD 1. Invested rupees 500000 2. Opened a hank account with rupees 350000 1. Purchased goods from Mr. Ali on credit for rupees 45000 and cash rupees 33000 4. Sold goods on account for nupees 55000 and canh rupees 23000 5. Paid for insunance rupees 2600 through CHEQUE 6. Purchased computer fot rupees 32000 7. Received commission in advance threagh a CHEQUE of rupes 12000 8. Ismue a CHEQUE of rupees 44500 to Mr. Ali in full settlement of his account rupees 45000 Required: A: generul journal B: general ledger C: trinl balence
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1 A General Journal 2 SNo Account title and explanation 1 Cash Capita... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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