Question
3) On April 01, 2021, Anees started business with $. 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash $. 7,000.
3) On April 01, 2021, Anees started business with $. 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash $. 7,000. 8. Purchase Goods for Cash $. 2,000 and for Credit $. 1,000 from Khalid Retail Store. 14. Sold Goods to Khan Brothers $. 12,000 and Cash Sales $. 5,000. 18. Owner withdrew of worth $. 2,000 for personal use. 22. Paid Khalid Retail Store $. 500. 26. Received $. 10,000 from Khan Brothers 30. Paid Salaries Expense $. 2,000 Pass the Journal Entries and Post into particular ledgers.
4) Sales $14,900, Purchases $4,000, Debtor $2,000, Creditors $6,000, Salary $1,000, Commission $500, Building $5,000, Bank Overdraft $1,000, Cash at Bank $700, Return Inward $200, Discount Received $100, Bad Debts $300, Tax & Rates $100, Depreciation $200, Furniture $3,000, Cash in Hand $2,000 What will be opening Stock of above mention financial items.
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