Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ACCOUNTING INFORMATION SYSTEMS create a company in turbo cash called amani traders ltd it has the following products in trades 1)Doors 2)Cement 3)iron bars the

ACCOUNTING INFORMATION SYSTEMS

create a company in turbo cash called amani traders ltd

it has the following products in trades

1)Doors 2)Cement 3)iron bars

the suppliers are1) Timsales ltd 2)Bamburi cement 3)Doshi roll mill

It starts transactions in turbocash by purchasing

1)500pc of doors @9000 from timsales

2)100bgs of cement@500 from bamburi

3)60 pcs of iron bars @2000 from doshi roll mills

sell the following

1)40pcs of doors @15000

2)60 bags of cement @850

3)50 pcs of iron bars @30000

The name of the bank is equity prepare the stock balance , trial balance and balance sheet report

kindly answer the question using turbo cash and take a picture of the statements

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Describe the components of identity.

Answered: 1 week ago