Question
Q1-Please prepare all the double entries and post to ledger (T-account) all the following transactions? 1- On Jan/1 Mohammed company received $1,000,000 and issued common
Q1-Please prepare all the double entries and post to ledger (T-account) all the following transactions?
1- On Jan/1 Mohammed company received $1,000,000 and issued common stock
2- On Jan/3 Mohammed company bought equipments for $200,000 cash
3- On Jan/6 Mohammed company bought office supplies worth $40,000 on account
4- On Jan/9 Mohammed company sold goods for $2,000 cash
5- On Jan/12 Mohammed company sold goods for $10,000 on account
6- On Jan/15 Mohammed company pays $3,000 for legal accounting processes
7- on jan/17 Mohammed company sold land for $50,000 on account
8- On Jan/20 Mohammed company pays $10,000 for salaries
9- On Jan/23 Mohammed company bought a truck worth $70,000 and sighed note payable
10 Jan/ 27 Mohammed company purchased inventories for $100,000 cash
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