Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. prepare the journal entries for the following tran

Prepare the journal entries for the following transactions:AUGUST 2023Transactions 1Zuko started his business named Atelia...

90.2K

Verified Solution

Question

Accounting

Prepare the journal entries for the following transactions:AUGUST 2023Transactions 1Zuko started his business named Atelia & Co with RM3,000 cash3He banked in RM2,000 cash into the businesss bank account5The business made first purchase of goods worth RM500 on credit from 7Bought a second hand motor van priced at RM5,000. Paid RM1,000 deposit, the balance is on credit8Sold goods on cash RM30010Sold goods on credit RM800 to Ezra11Purchased stationeries worth RM150 cash12Repair services provided. Customer paid cash RM700.13Bought fixtures worth RM3,000 on credit fr

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students