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1 . K . Shields returned goods to the value of 3 5 2 . Sold goods on Credit to R . Murphy 5 5

1. K. Shields returned goods to the value of 35
2. Sold goods on Credit to R. Murphy 550
3. Cash Sales 580
4. Purchased goods on Credit Hennessy Ltd 4,000
5. Started business by cheque with 40,000
Show the double entry using T-Format ledger and balance the account.

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