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