Question: General Journal Using the information available please complete the journal entries below ( please use perpetual inventory and GST should be included where applicable): Year
Using the information available please complete the journal entries below ( please use perpetual inventory and GST should be included where applicable): Year Month Day Particulars Debit Credit 3.500 20X7 Payment of Electricity Bill 4,100 Cash received from a credit customer 3,410 Cash Sale of goods marked up 100% on cast 10 2,500 Cash withdrawal by owner 750 Cash payment to a credit supplier 12 2.420 Purchase supplies on credit 20 75 Bank Fees paid (no GST)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
