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Question 4: [15 Marks] Journalise the following transactions of John Wong for the month of May. Include in a narration line. 1 May John
Question 4: [15 Marks] Journalise the following transactions of John Wong for the month of May. Include in a narration line. 1 May John Wong starts a Co. by depositing $10,000 cash (capital) into the Co. 2-May 3-May Bought restaurant furniture for $600 with cash Bought a lorry on credit from Speed & Sons for $2,000. 14-May 20-May Sold some unsuitable restaurant furniture for $250 cash 31-May John Wong withdrew $800 cash for own use. Paid Speed & Sons $500 cash as partial settlement for lorry.
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