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given below Look at the following transactions of Normal Company Limited. Prepare journal entry for each transaction give below. Follow a proper format of the
given below Look at the following transactions of Normal Company Limited. Prepare journal entry for each transaction give below. Follow a proper format of the journal entry. All figures are in thousands [10] 1. On January 2. 2020, the owner invested a cash of Rs800 in the company. 2. On January 2. 2020, the company borrowed Rs 200 from a bank. 3. On January 3, 2020, the company acquired store equipment for eash Rs30. 4. On January 4, 2020, the company acquired inventory for cash R$240. 5. On January 3, 2020, the company acquired inventory on credit R$20. 6. On January 6, 2020. the company acquired inventory for cash Rs20 and the remaining balance of R$40 in 30 days 7. On January 1, 2020. the company sold store equipment for cash R$2. 8. On January 8, 2020, the company returned inventory to supplier for full credit, R$1.6 (further to transaction 6) Options
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