John Dean has 1,560 in his business bank account on 1 April. Open a ledger account with

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John Dean has 1,560 in his business bank account on 1 April. Open a ledger account with this balance and then enter the following transactions, completing all the entries in the other accounts you will need to open.LO.1

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Mastering Accounting

ISBN: 9780333511978

1st Edition

Authors: George Bright, Michael Herbert

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Question Posted: Jul 01, 2024 11:01 AM

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John Dean has 1,560 in his business bank account on 1 April. Open a ledger account with

Question:

Paid rates by cheque 250 Paid employees' wages by cheque 620 Received 60 rent from a tenant by cheque. Paid insurance 120 2 April 3 April 4 April 5 April 6 April Paid tenant rent rebate of 10. 7 April 8 April Received insurance rebate of 12. Withdrew 100 from bank for private use.

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Mastering Accounting

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