Problem # 7.4: Shah Sauood Marine is a boat repair vard. During August 2016, its transactions included the tollowing

03. Loan taken from Habib Bank Lid of Rs 25.000. Rs 20.000 withdrawn for business and remaining in the bank ac

06. Paid rent for the month of August Rs. 4400 and accrued rent expenses was Rs. 600

12. At request of Kiwi Insurance. Inc. made repairs on boat of Jon Seaways. Sent bill for Rs. 5,620 for services rendered to Kiwi Insurance Inc. (credit Repair Service Revenue)

18. Made repairs to boat of Dennis Copper and collected in full the charge of Rs. 2,830

20. Placed Advertisement in The Dawn of Rs. 165, payment to be made within 30 days

25. Received a check for 5.620 from Kiwi Insurance Inc representing collection of the receivable of August 12

30. Sent check to The Dawn in payment of the liability incurred on August 20

General Journal

Problem \# 7.4: Shah Ssuood Marine is a boat tepair yast. Dusing, August 2016, its transaction incloded the followiog. 03. Loan taken from Habib Bank Ld of Rs. 25,000 Rs. 20,000 withdtaWn for business and remaining in the bank a/c 06. Paid reat for the month of August Rs, 4,400 and acerued rent expenses was Tes. 600 12. At request of Kiwi Insurance, Inc, made repairs on boat of Jon Seaways. Sent bill for Rs, 5, G20 for services rendered to Kiwi Insurance Inc. (credit Repair Service Revenuo) 18. Made repairs to boat or Dennis Copper and collected in full the charge of 185.2,830 20. Placed Advertisement in The Dawn of Rs, 165 , payment to be mude within 30 days 25. Received a check for 5,620 from Kiwi Insurance ine reptesenting collection of the receivable of August 12 30. Seat check to The Dawn in payment of the liability incumed oe August 20