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Prepare the transaction in general journals as paid expenses

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Reference no: EM132464822

The transactions must have of the followings:

Question i. Minimum requirement of business transaction is 15 transactions, maximum is 20 transactions.

Question ii. Prepare the transaction in general journals as follows:

1. Contribution of capital

2. Buy an asset (cash and on credit)

3. Performed service (cash and on account)

4. Paid expenses

5. Drawings

6. Received payment from customer - Account receivable

7. Paid the debt - Account payable

8. Buy supplies (Cash and on credit)

Reference no: EM132464822

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