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1-RECORD THE FOLLOWING TRANSACTIONS IN THE JOURNAL ENTRIES, 1-The owner starts the business with $20,000 in cash on 1 August 2022 2-A MACHINE is bought

1-RECORD THE FOLLOWING TRANSACTIONS IN THE JOURNAL ENTRIES, 1-The owner starts the business with $20,000 in cash on 1 August 2022 2-A MACHINE is bought for $6,400 cash on 2 August 2022. 3- Fixtures are bought on credit from Shop Fitters for $2,650 on 3 August 2022 4-Paid the amount owing to Shop Fitters in cash on 17 August 2022

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