Could you please check whether I did it right or wrong ? 1.Dwyer Delivery Service,a proprietorship, began operations by receiving from the owner $5000 cash and a truck valued at $10000. The business gave Paul Dwyer, the oener, capital in the business. answer Debit Cash 5000 ...

Jan. 1. Business started with Rs. 2, 50,000 5. Purchased goods for cash Rs. 10,000 8. Sold Goods o Gandhi for Cash Rs. 3,000 10. Paid salary of Rs. 12,500 15. Paid Raj the Manager his salary of Rs. 3,000/-

Journalize the following transaction: 1996 Rs Jan. 1 Assets Cash 630 Cash at bank 23,100 Stock of goods 26,000 Mohan and Co. 6,750 Rs Jan. 1 Liabilities: Marathi and Co. 3,880 Ram 3,000 Jan. 2 Received cheque from Mohan and Co. in full settlement,

Dear All, Could you please check my answer. I'm not sure whether I did them right or wrong. Thank you so much for your kindness. May 1 Purchased supplies for cash, $300 Debit Supplies 500 Credit Cash 500 May 4 Purchased inventory on credit terms of 3/10 net eom, $6000. Debit...

Sold inventory on credit terms 2/15, n/45, $3,900 (cost, $1,800).