[JOURNAL]
Refer to the attachment for the question.
I'm able to journal each transaction but what to do with the given balances which are:
Cash : 50,000
Stock : 30,000
Bank : 35,000
Debtors : 25,000
Creditors : 25,000
Bank loan : 15,000
Help ASAP!
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Answered by
0
given balances which are:
Cash : 50,000
Stock : 30,000
Bank : 35,000
Debtors : 25,000
Creditors : 25,000
Bank loan : 15,000
Answered by
1
Answer:
cash a/c 50,000
stock a/c 30,000
bank a/c 35,000
creditors a/c 25,000
to debtors a/c 25,000
to bank loan a/c 15,000
to capital a/c 100,000
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