Question

Analyse and then joumalise the following transactions in the books of Mr.
2014
Jan. 1 1. Started business with a capital of 7,500.
Jan. 1 2 Purchased goods from Mr. Z for * 2,000.
Jan. 1 3 Loan taken from W300.
Jan. 1 4. Goods sold to Mr. L for cash 2,500.
Jan. 5 5. Cash paid to Mr. Z* 2,000.
Jan. 5 6. Purchased Furniture for office 700.
Jan. 5 7. Paid Office Rent out of personal cash of B 400.​

Answer 1

Answer:

Thanks for all free point