Question

journalise the following transactions
1/1/7 commenced business with cash - 100000
1/1/17 cash purchases-25000
5/1/17 cash sales - 40000
7/1/17 deposited into bank - 20000
9/1/17 outstanding salary paid - 1000
15/1/17 cash withdrawn for personal use - 2000
17/1/17 prepaid insurance - 500
18/1/17. commission recievable - 800
20/1/17 bank charges - 800
22/1/17. interest on capital - 2000
25/1/17 goods given away to the cherity - 600
28/1/17 drew for office use - 2000
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Answer 1

Answer:

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Explanation:

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