Q2. Journalize the following transaction in the book of Ghazi's and Sons co. Started business with cash Rs 50,000. • Sold goods to waqar Rs 10,000. Sold goods for cash Rs 3000. Bought office equipment for cash Rs 2500. Purchase goods from nisar Rs 14,000. Received from wagar 10,000. Allow discount Rs 40. Paid salaries Rs 1000

Q2. Journalize the following transaction in the book of Ghazi's and Sons co. Started business with cash Rs 50,000. • Sold goods to waqar Rs 10,000. Sold goods for cash Rs 3000. Bought office equipment for cash Rs 2500. Purchase goods from nisar Rs 14,000. Received from wagar 10,000. Allow discount Rs 40. Paid salaries Rs 1000

Name: Q2. Journalize the following transaction in the book of Ghazi's and S
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Description: Q2. Journalize the following transaction in the book of Ghazi's and Sons co.Started business with cash Rs 50,000.• Sold goods to waqar Rs 10,000.Sold goods for cash Rs 3000.Bought office equipment for cash Rs 2500.Purchase goods from nisar Rs 14,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 18EB: Krespy Corp. has a cash balance of $7,500 before the following transactions occur: A. received...

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