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Please I want the solution now please please Q1 Prepare the double entries and post all the following transactions. Then prepare the trail balance. 1-On
Please I want the solution now please please
Q1 Prepare the double entries and post all the following transactions. Then prepare the trail balance. 1-On January 1 Mohammed invest 1,000,000 RS cash on cleaning business that will be known as Moh Co 2- On January 1 Moh co. Purchased a building for 150,000 RS casH 3- On January 2 Moh co. Purchased supplies for 100,000 RS and Paid 50,000 RS cash and signed 3 months 12% note payable. 4- On January 3 moh co receives 20,000 RS cash for services performed 5- On January 5 Moh co. Paid 50,000 RS cash for insurance policy that will cover 12 months starting from January 1 6- On January 12 Moh co. performed services for Hussain co. for 40,000 RS on account. 7- On January 22 Moh co performed services for Ali co, for 80,000 RS and received 30,000 RS in cash and bills to Ali co. 50,000 RS 8- On January 25 Moh co. Paid 25,000 RS cash for office rent. 9- On January 27 Moh co. Paid 70,000 RS cash for employees salaries and wages. 10- On January 27 Moh co. purchases a truck for 200,000 RS on account Step by Step Solution
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