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Caps 6 Furniture Stock Accounts Receivable - A.James Vehicle Accounting lecture exercise 8 Record the following transactions in the General Journal for Jack's Hame The

Caps 6 Furniture Stock Accounts Receivable - A.James Vehicle Accounting lecture exercise 8 Record the following transactions in the General Journal for Jack's Hame The owner contributed the following assets and liabilities to the br 16 $ 10,000 5,000 2,500 25,000 10,000 A - L= OE Loan Capital E R The owner withdrew stock worth $500 from the business for pe Credit Sales of $4,500 to D. Myers were omitted (not included) Journal CR T Purchases from Woosha (Accounts Payable) for $2,200 was a recorded as $2,000 ($200 difference). DR Purchases $2,000 CR Sundry Creditor - Woosha $2. A credit purchase of a non-current asset (Office Furniture) w recorded to Purchases NOT Office Furniture: DR Purchases $10,000 Sundry Creditor - D. Nando $ Jack's Hammers owes J. Fernando (Creditor) $2,000. Howe Owes Jack's Hammers $1,500. It is decided at the end of th contra should be made to offset the accounts

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