8- A merchandise dealer bought an amount of (5,000) dinars in cash.9- A merchandise dealer bought an amount of (5000) dinars on an account.10- A merchandise dealer bought for (9000) dinars and paid half the price in cash and the restat the expense of.11- The dealer paid the transportation expenses of purchases an amount of 1500 dinars in cash.12-A merchandise dealer sold for (1000) dinars in cash.13- A merchant sold a merchandise to Walid for a sum of (1000) dinars, received 500 cash andthe rest on the account.14- A dealer paid an amount of 2,500 dinars in cash advertising.15-A merchant bought a merchandise for 50,000 and paid for it with a check.16- A furniture dealer bought an amount of (75,000) dinars by check.17-A merchant paid an amount (100,000) of rent for a store by check.18- A merchant drew $ 50,000 for personal use by check.19- Merchant Nabil opened a current account in the bank and deposited 15,000 dinars into itcash Money.20- Merchant Nabil sold goods for 18,000 dinars, with a check added to his account Ongoing.

Solution Journal Entries S NO Particulars…

8- A merchandise dealer bought an amount of (5,000) dinars in cash. 9- A merchandise dealer bought an amount of (5000) dinars on an account. 10- A merchandise dealer bought for (9000) dinars and paid half the price in cash and the rest at the expense of. 11- The dealer paid the transportation expenses of purchases an amount of 1500 dinars in cash. 12- A merchandise dealer sold for (1000) dinars in cash. 13-A merchant sold a merchandise to Walid for a sum of (1000) dinars, received 500 cash and the rest on the account. 14- A dealer naid an amount of 2 500 dinars in cash advertising

8- A merchandise dealer bought an amount of (5,000) dinars in cash. 9- A merchandise dealer bought an amount of (5000) dinars on an account. 10- A merchandise dealer bought for (9000) dinars and paid half the price in cash and the rest at the expense of. 11- The dealer paid the transportation expenses of purchases an amount of 1500 dinars in cash. 12- A merchandise dealer sold for (1000) dinars in cash. 13-A merchant sold a merchandise to Walid for a sum of (1000) dinars, received 500 cash and the rest on the account. 14- A dealer naid an amount of 2 500 dinars in cash advertising

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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