Illustration 8 Journalize the following transactions 2010 March 1 Mark started business with $10,000 2 Purchased furniture for cash $2,000 3 Purchased goods for cash $4,500 4 Purchased goods form John on credit $4,200 5 Sold goods for cash $5,000 6 Sold goods to Peter on credit $6,000 9 Paid for stationery $200 11 Paid for advertisement $300 15 Sold goods $2,400 21 Purchased goods $1,100 28 Paid to John $3,000 29 Received from Peter $4,500 30 Paid rent $3,000 30 Paid salary $4,000 31 Received commission $2000 31 Withdrew for domestic use $3,000 Solution