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2. Mazi & Sons started business with a capital of N100,000 on 14 Jan 2020. The following information was provided as his transactions for the

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2. Mazi & Sons started business with a capital of N100,000 on 14 Jan 2020. The following information was provided as his transactions for the month of January, 2020: i. He purchased goods from Monday on credit 120,000 ii. He sold goods to Sunday N25,000 iii. He paid cash to Monica N10,000 iv. He received cash from Sunday 15,000 v. He further purchased goods from Monday 05,000 vi. He paid cash to Monday 10,000 on account vii. He further sold goods to Sunday N20,000 viii. He received cash from Sunday N10,000 ix. His rent owing for the period is N25,000 X. Advance salaries for the period is N15,000 Required: . Assuming that journal is the only book of original entry, write up the journal proper for the month ended 31" January, 2020 (10 marks) b. Write up the accounts in the sales ledger and purchases ledger respectively. (10 marks) c. Write up the cash account/cash book

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