Question

Sep.01: Cash in hand at start of the month $4,654.
Sep.02: Paid salaries to employees for the last month $3,000.
Sep.05: Cash received from S & Co. for a previous credit sale $2,720.
Sep.06: Merchandise purchased for cash $1,400.
Sep.07: Merchandise sold for cash $4,700.
Sep.10: Office furniture purchased for cash $3,080.
Sep.12: Stationary purchased for cash $170.
Sep.15: Merchandise sold for cash $9,000.
Sep.17: Cash paid to A & Co. for a previous credit purchase $1,780.
Sep.20: Merchandise purchased for cash $2,460.
Sep.21: Merchandise sold for cash $4,680.
Sep.24: Cash received from S & Co. for a previous credit sale $2,400.
Sep.28: Cash paid for office rent $1,600.
Sep.30: Merchandise sold for cash $7,200

Answer 1

Answer:

Sep.01: Cash in hand at start of the month $4,654.

Sep.02: Paid salaries to employees for the last month $3,000.

Sep.05: Cash received from S & Co. for a previous credit sale $2,720.

Sep.06: Merchandise purchased for cash $1,400.

Sep.07: Merchandise sold for cash $4,700.

Sep.10: Office furniture purchased for cash $3,080.

Sep.12: Stationary purchased for cash $170.

Sep.15: Merchandise sold for cash $9,000.

Sep.17: Cash paid to A & Co. for a previous credit purchase $1,780.

Sep.20: Merchandise purchased for cash $2,460.

Sep.21: Merchandise sold for cash $4,680.

Sep.24: Cash received from S & Co. for a previous credit sale $2,400.

Sep.28: Cash paid for office rent $1,600.

Sep.30: Merchandise sold for cash $7,200

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