Will Pierce runs a small business. Construct the ledger accounts from the following transactions. 2014 1 August
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Will Pierce runs a small business. Construct the ledger accounts from the following transactions.
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2014 1 August Pierce borrows 5,000 from K Johnson and places this into the bank. 1 August Pierce transfers 1,000 from the bank into cash. 3 August Wages paid by cheque - 320. 4 August Pierce purchases goods on credit from D Rooney for 52. 11 August Cash sales - 340. 15 August Pierce pays insurance of 85 in cash. 20 August Pierce pays his private car insurance using business cash of 28.
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2014 2014 Aug 1 K Johnson 2014 Aug 1 Bank Aug 11 Sales 2014 Aug 3 Cash 2014 Aug 4 ...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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