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s: The following entries are in the books of Ali Co. for the month of May, 2021: 10th May: : Establish the business with a
s: The following entries are in the books of Ali Co. for the month of May, 2021: 10th May: : Establish the business with a capital of 200,000. Purchase Goods costed 10,000. 12th May 13th May: Sold goods for 3,000 on account. 17th May: Purchase Machine costed 20,000 on account 18th May: Withdraw an amount of 50,000 for personal use. 19th May: 20th May Received 3,000 from the client for goods sold on 13th May. Bought computer for 3,000. : 21th May: Paid 2,000 for Machine purchased. 22th May 23th May: Paid 5,000 for the Machine purchased on 17th May. : Sold goods for 5,000. Write (1)Journal Entries, (2) ledgers and (3)Trial balance for the transactions
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