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please can you give a solution of my homework 1. Rayan owns a business of printing and stationery, his details are given below: The following
please can you give a solution of my homework
1. Rayan owns a business of printing and stationery, his details are given below: The following transactions took place during March 1 March: received taking from cash sales $1100 discount allowed 5%. 5 March: Paid salary by cash $350 8 March : Purchased goods $500, received discount 5%. 13 March : received taking from cash sales $1400 discount allowed 3%. 18 March : Sales of $2800 done by cheque. 22 March : Bought furniture $420 by cheque, received discount 3%. 25 March : Paid electricity by cash $170. 30 March: Withdrew $800 from business for personal use. Required: Enter the above transactions in Rayan's Cash BookStep by Step Solution
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