Journalize the following transaction in the book of maqsood started asole proprietorship business named mr.maqsood & son with cash rs.450,000&furniturers.30,000the transaction,completed during 2011 the first month of operation,are as under. Opened a bank account in...

April 25 Sold 100 coupon books for $30 each. Each book contains 6 coupons that entitle the holder to one admission to the perk. April 30 Received $6200 in cash admission fees. April 30 Paid $900 on account for advertising incurred on April 8

How would you journalize these transactions? April 1) stockholderas invested $25,000 cash in exchange for common stock April 1) hired a secrentary at a salary of $300. Per week payable monthly April 2) paid rent for the month $800.00 April 3) purchased supplies on an account $1,500 April 10)...