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Fanzi R . opened the FanziCo on January 2 , 2 0 2 2 specialized in sale of 3 sporting goods: Product P 1 ,
Fanzi R opened the FanziCo on January specialized in sale of sporting goods: Product P Product P and Product P
During the st month of operations, the business completed the following transactions.
January : Fanzi R invested $ in his new business, deposited in a Bank of Montreal BMO chequing account
January : Paid cash from BMO Account $ before taxes, for the rent of the upcoming year
Januar : Purchased from Francis Co products P at a price of $ per unit and products P at a price of $ per unit and P at $ per unit prices are before taxes Sales terms: n
January : Purchased from Vendor Selim Inc P at a price of $ per unit,before taxes. Terms: n
January : Purchased computers for $taxes included, paid by Visa credit card. sales taxes on capital assets are not recoverable
January : Purchased office supplies for $ before taxes, paid by visa card.
January : sold P at $ before tax, paid by Mastercard.
January : Sold to Lili Inc P at a sales price of $ before taxes and P at a price of $ before taxes per unit. Terms n
January : sold to Sissi Ltd P at $ per unit before taxes and P at $ per unit before taxes terms: n
January : Paid the full amount owed to Vendor Selim Inc., from BMO Account
January : Received $ in partial payment of the January th sale. Discount taken : $
January : The business received a bill for advertising to be paid in February: $ beforeog taxes
January : purchased a land for future office for $ $ paid cash from BMO account and the remaining amount by a bank loan assume no sales taxes
January : The owner withdrew $ for his personal use from BMO Account
Whats the balance of the BMO Account on January
Whats the balance of the Accounts Receivable at the same date.
Whats the amount still owed to supplier Francis Co on January
What are the quantities of P P and P still on hand on January
Whats the net incomenet loss of the month.
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