Question
3. The following transactions took place for Share Trip travel booking company during August, 2020. August 4: Received 850000 taka cash for selling 40 tickets
3. The following transactions took place for "Share Trip" travel booking company during August, 2020. August 4: Received 850000 taka cash for selling 40 tickets to SKF Pharmaceuticals for the flight in November. August 15: Purchased a car worth 1580000 taka from BD Motors and paid them 50% cash and rest on account. August 20: Paid BD Motors in full. August 25: Salaries incurred for 5 employees, totaling 250000 taka which will be paid on 02nd September, 2020. Instructions: Prepare journal entries for the month of August to record each of the events listed. (4*2=8) Prepare Ledger Accounts for Cash and Accounts Payable. (2*2=4)
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