Douglas has the following transactions during January: (1) Introduced $5,000 cash as capital (2) Purchased...
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Accounting
Douglas has the following transactions during January: (1) Introduced $5,000 cash as capital (2) Purchased goods on credit from Richard, worth $2,000 (3) Paid rent for one month, $500 (4) Paid electricity for one month, $200 (5) Purchased car for cash, $1,000 (6) Sold half of the goods on credit to Tish for $1,750 Drew $300 for his own expenses (8) Sold goods for cash, $2,100 Required Please make double entries for all of the transactions
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