Melia just started her food truck business few weeks ago. You are required to record the...
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Melia just started her food truck business few weeks ago. You are required to record the following transactions in her accounts. 2022 November 1 = Started business with RM20,000 cash and RM35,000 food truck. 2 = Opened and deposited RM10,000 to business bank account. 3 = Bought inventories from Food Network RM3,000. Payment by online transfer. 4 = Sold goods by cash RM550. 5 = Purchased goods on time RM500. Record the following transactions in a general journal with narration and prepare the ledgers (T-Form) entries. Melia just started her food truck business few weeks ago. You are required to record the following transactions in her accounts. 2022 November 1 = Started business with RM20,000 cash and RM35,000 food truck. 2 = Opened and deposited RM10,000 to business bank account. 3 = Bought inventories from Food Network RM3,000. Payment by online transfer. 4 = Sold goods by cash RM550. 5 = Purchased goods on time RM500. Record the following transactions in a general journal with narration and prepare the ledgers (T-Form) entries.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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