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Identify book of prime entry 1 2 Below is the extracted information of Papa Dobby on the first day of its business operation: No Business
Identify book of prime entry
1 2 Below is the extracted information of Papa Dobby on the first day of its business operation: No Business transactions Open business with RM10,000 cash and laundry equipments valued at RM10,000. Borrowed RM15,000 cash from Shark Loan Sdn Bhd. 3 Bought laundry detergents on credit from Dayya Sdn Bhd worth RM500. Cash sales of RM200. 5 Paid cash for miscellaneous expenses RM200. 6 Returned defective detergents to Dayya Sdn Bhd amounting RM200. 7 Paid rental of premises amounted to RM300 by cash. 8 The owners took goods worth RM500 for personal use. Purchased another dryer machine on credit worth RM5,000Step by Step Solution
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