Question

Journalise the following transactions :
(1) Started business with cash 750,000, goods
725,000 anel building 11,75,000.
(ii) Goods withdrew for personal use cost price
74,000, selling price 75,000
(iii) An old amount of T2,000 which was considered
to be bad, recovered from Vivek
(iv) Goods stolen-cost price 5,000, selling price
76,000
(v) Goods purchased 50,000 for cash and paid
Central Sales-tax @8%​

Answer 1

Answer:

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