Question
1/1/19 STARTED COMPANY WITH $25000 IN CASH A STORE 1/2/19 BORROWED $150000 FROM HIS BROTHER 1/3/19 BARROWED $275000 FROM Citizens Bank 1/6/19 PAID $350000 DOLLAR
1/1/19 STARTED COMPANY WITH $25000 IN CASH A STORE
1/2/19 BORROWED $150000 FROM HIS BROTHER
1/3/19 BARROWED $275000 FROM Citizens Bank
1/6/19 PAID $350000 DOLLAR TO FIX UP THE BUILDING
1/6/BOUGHT $95000 IN INVENTORY
1/10/19 OPEN DOORS AND DID $8000 IN SALES AND HIRED A CLERK AT $20 AN HOUR. CLERK WORKS 40 HRS EVERY WEEK.
1/11/19 SALES 8000
1/1219 SALES 20000
1/14/19 SALES15000
1/15/sales 12000
1/16/sales 18000
1/16/19 paid employee worked 42 hours.
for the week do a general journal and t accounts
the inventory they have left if $34000 what is the cost of goods sold.
Do an income statement and balance sheet for my company.
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