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Kindly help post the transactions into the T-accounts 1 Post the following transactions into the T-accounts below: 2. 3 a) Aug 2, 2024- An entrepreneur,
Kindly help post the transactions into the T-accounts
1 Post the following transactions into the T-accounts below: 2. 3 a) Aug 2, 2024- An entrepreneur, Sharon, invests $2,000 cash and $3,000 equipment into her new small business. 4 b) Aug 6, 2024- Sharon obtains a $3,000 bank loan. 5 Aug 11, 2024- Sharon purchases $1,200 of inventory on account. 6 d) Aug 14, 2024- Sharon completes a $150 cash jewellery repair for Karen. 7 e) Aug 18, 2024- Sharon pays a $220 utilities bill. 8 f) Aug 21, 2024- Sharon completes a $900 sale on account to Hugh. The goods had cost her $400. 9 g) Aug 25, 2024- Hugh pays half of his owed debt to Sharon. 10 h) Aug 29, 2024- Sharon repays $750 of her bank loan. 11 i) Aug 31, 2024- Sharon withdraws $300 cash from her business. 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30Step by Step Solution
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