Question

Journalize the following transactions and post them to the ledger.

2017 `
July   1   Cash in hand 50,000
            5   Goods purchased by cash 30,000
            7   Insurance paid 2,500
           10   Machinery purchased for cash 9,000
           15   Interest received 2,000
           18   Goods sold for cash 7,000
 ​

Answer 1

Answer:

well ensured for the question is always good !@#$