The following transaction took place in the business of Highlands Retail in the month of June 2008 1.6.2008-commenced business with Kshs. 120,000 in cash 4.6.2008-transferred kshs66, 000 from...

      

The following transaction took place in the business of Highlands Retail in the month
of June 2008
1.6.2008-commenced business with Kshs. 120,000 in cash
4.6.2008-transferred kshs66, 000 from business till to the bank
13.6.2008-brought his private furniture worth kshs. 15,000 into the business for business use
28.6.2008-borrowed a loan in cash kshs.40, 000

Required: Post the transactions into the relevant ledger account

  

Answers

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Kavungya answered the question on April 3, 2019 at 12:33

Next: Record the following transactions in the relevant ledger accounts for the month of June, 2009 June 1: invested shs.100,000 cash in a retail business June 2: Obtained...
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