Question
Facebook Inc. Enter the following transactions in the appropriate accounts: 20X6 Apr 1 Started business with $110,000 cash. Apr 2 Paid $99,000 of the opening
Facebook Inc.
Enter the following transactions in the appropriate accounts:
20X6
Apr 1 Started business with $110,000 cash.
Apr 2 Paid $99,000 of the opening cash into the bank.
Apr 4 Bought goods on credit $10,000 from B. Clark.
Apr 5 Bought a van by cheque $44,000.
Apr 7 Bought goods for cash $5,000.
Apr 10 Sold goods on credit $10,500 to H. Walker.
Apr 12 Returned goods to B. Clark $2,200.
Apr 19 Sold goods for cash $3,400.
Apr 22 Bought office supplies on credit from OfficeMax $11,500.
Apr 24 J. Robinson lent us $10,000 paying us the money by cheque.
Apr 29 We paid B. Clark his account by cheque $9,000.
Apr 31 We paid OfficeMax by cheque $11,500.
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