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Evergreen Limited issues $ 4 0 , 0 0 0 worth of shares to its equity investors in exchange for cash. The company purchases machinery
Evergreen Limited issues $ worth of shares to its equity investors in exchange for cash.
The company purchases machinery for textile production for $ paying $ in cash and the remaining balance on account.
Evergreen Limited sells textile products to Fashion Limited on account for $
The company receives $ in cash from Fashion Limited as a partial payment for the transaction listed in Ref
Evergreen Limited pays $ in cash for employee wages for the month of March
The company pays $ towards the account owed to the supplier related to Ref
Evergreen Limited purchases additional textile supplies inventory for $ on account and records the inventory as an asset.
Evergreen Limited receives an electricity bill of $ for the electricity used in the month of March which will be paid next month in April
Evergreen Limited distributed dividends of $ in cash to its shareholders on st March Qa: Journalise each transaction for Evergreen Limited for the month of March and identify each transaction by number reference Ref It is up to you to decide the appropriate general ledger account names for recording the transactions. You may omit general journal narrations and ignore GST Fill in your answer in the boxes provided. Not all boxes need to be completed. Make sure each Debit Dr and Credit Cr entry is typed in on a separate line within the Inspera text answer box.
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