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23 24 Sold part of furniture to Raju on 950 credit Received cash from trade debtor for his 580 account Paid trade creditor 28 3,000

23 24 Sold part of furniture to Raju on 950 credit Received cash from trade debtor for his 580 account Paid trade creditor 28 3,000 using cash Raju paid by cash for the furniture he 30 500 bought on 23rd December Prepare: Income statement and balance sheet 23 24 Sold part of furniture to Raju on 950 credit Received cash from trade debtor for his 580 account Paid trade creditor 28 3,000 using cash Raju paid by cash for the furniture he 30 500 bought on 23rd December Prepare: Income statement and balance sheet 23 24 Sold part of furniture to Raju on 950 credit Received cash from trade debtor for his 580 account Paid trade creditor 28 3,000 using cash Raju paid by cash for the furniture he 30 500 bought on 23rd December Prepare: Income statement and balance sheet Angelina has started a new business selling teddy bear and dolls. The following transactions took place during the month of December 2018. DEC DETAILS 1 Invested cash in business RM 50,000 3 Purchased goods on credit 5,450 5 Sold teddy bears on credit to Kamal at list 5,000 price 10 Cash sale 7,500 One of the trade debtors returned defective 11 350 dolls 12 Paid cash for commission 3,500 13 13 Received cash from one trade debtor 500 15 Paid cash for furniture 7,535

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