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Task 2 On 6th January you started your own business and the following steps have been undertaken by you: On 6th January you borrowed 50,000
Task 2 On 6th January you started your own business and the following steps have been undertaken by you: On 6th January you borrowed 50,000 SAR from the bank. Bank loan On 7th January you invested 40,000 SAR in your business. On 7th January you created a petty cash fund of 10,000 SAR. On 9th January you purchased 2000 SAR of office equipment and 1500 SAR of office Project 05 Brief-2020 Unit 29: Establish and Maintain a Cash Accounting System Unit 30: Maintain financial records in a small business supplies on credit. On 9th February you paid for the purchases of 9th January by cash. Using the above information, post the transactions in the General Journal
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