Graded home work 3 (2) (Protected view) - Word (Product Activation Failed) MAILINGS REVIEW VIEW Foxit PDF REFERENCES contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing 3211 112131415161718191 10 1 12 13 114 115 116 117-1 Below are separet transactions for KFH Company for the month of August prepare the sutible journal entry under each transaction. The owner invests $30,000 in cash to start the business. 2. The company sold $15,000 of merchandise to Ammar, terms 1/10, 1/30. 3. The company paid fright cost of $2,000. 4. The Company established a petty cash fund of $150. 5. The owner withdrew $2,000 cash from the business for personal use 6. The company pruchaseed Building costing $90,000 paid $50,000 cash and $40,000 on account. 7. The company take loan of $50,000 from the bank. Answer of Question 4: Date Explanation Debit Credit