Record the following transaction in the affected accounts and balance them off on 10th January 2015. (10mks) 2015 January 1: Start business with furniture worth Sh.130,000 2: Bought...

      

Record the following transaction in the affected accounts and balance them off on 10th January 2015. (10mks)
2015
January 1: Start business with furniture worth Sh.130,000
2: Bought goods for Sh.50,000 on credit from Nyamwea.
4: Sold stock of goods for Sh.40,000 cash
5: Opened a bank account and deposited Sh.20,000 from cash till.
6: Obtained a loan from K.I.E Sh.30,000 by cheque.
7: Paid Nyamwea Sh.30.000 by cheque.
8 : Withdraw cash Sh.60,000 from bank for office use.

  

Answers


sharon
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sharon kalunda answered the question on February 23, 2019 at 08:53


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