Question
A sole trader Blake, operating company ABC has some business losses, and as a result does not have enough money to pay for a
A sole trader Blake, operating company ABC has some business losses, and as a result does not have enough money to pay for a supplier. As a result, he invests an additional $ 100,000 on 28 March 202X On June 202X, Blake also contributes his new car to the company. He just bought this car a week ago at $ 40,000, but due to the company needs, he decides to transfer the car ownership to the company. Which special journal entry will Blake's contribution be added under? Complete the special journal entry in the general journal using the templates provided in FNSACC321 AE Sk2of2 Appx Part2.zip
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Get StartedRecommended Textbook for
Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
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