Tracy Jones has set up a business and trades as an unincorporated entity or sole trader. Tracy

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Tracy Jones has set up a business and trades as an unincorporated entity or ‘sole trader’. Tracy introduced her own car to the business. The car was worth £14,000. What journal entries should be used to record the transaction?

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Management and Cost Accounting

ISBN: 978-1408093887

8th edition

Authors: Colin Drury

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Posted Date: Mar 08, 2023 02:00 AM

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Tracy Jones has set up a business and trades as an unincorporated entity or sole trader. Tracy

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The entries to record the transaction would be Debit Vehicle Asset 14000 Cred... View the full answer

Management and Cost Accounting

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