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    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #21

    May 8, 2007, 09:17 PM
    So what is it you are asking me?
    jsu4549m's Avatar
    jsu4549m Posts: 13, Reputation: 1
    New Member
    		  
    #22

    May 8, 2007, 11:28 PM
    How do record the adjusting entries
    Sai Ramadasu's Avatar
    Sai Ramadasu Posts: 6, Reputation: 1
    New Member
    		  
    #23

    May 9, 2007, 03:53 AM
    Quote Originally Posted by jsu4549m
    Do I record deprication in the following question

    Purchased supplies at a cost of 14,000. Assume the above items have a 2 year life with no salvage value.

    And also how do i record this

    Invested 80,000 of your own money to start the business
    :D
    Sai Ramadasu's Avatar
    Sai Ramadasu Posts: 6, Reputation: 1
    New Member
    		  
    #24

    May 9, 2007, 03:54 AM
    Closure of the company at the end of the financial year?
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