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Financia accounting 1 13 - Word SARANG CWAA Home nsert Design Layout References Maitings Review View EndNote X Times New Roman 12 alex x E-

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Financia accounting 1 13 - Word SARANG CWAA Home nsert Design Layout References Maitings Review View EndNote X Times New Roman 12 alex x E- AaBbCcDd AalbCcDd AaBbc 1 Normal 1 No Spac... Heading 1 A Aa - A A Font Paragraph Styles Q#2 1. started business with 100,000 in cash 2. Received loan from bank RS. 500,000 3. Paid six month advance rent RS 10,000 per month 4. Paid salary expense 60,000 5. Received six month advance fees RS. 100,000 6. Received and earned fees Rs. 150,000 Required 1. Pass general entries in standard form 2. Prepare T accounts 3. Prepare Trial balance 4. Prepare income statement 5. Prepare Balance sheet 04 marks) 04 marks) 02 marks) 05 marks) 05 marks)

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