Q1: Below transactions from KLCC company. 2nd Jan 2019 KLCC sold goods (33,000) to Nizwa Company by cheque. 4th, Jan 2019 KLCC bought goods (14,000) from Penang company on time. 6th, Jan 2019 KLCC pay insurance (5000) by cash. 7th, Jan 2019 KLCC received (10,000) from Nizwa company by cheque. 8th, Jan 2019 KLCC bought Van (22,000) by cheque. Req: Prepare journal entries and T accounts.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q1: Below transactions from KLCC company. 2nd Jan 2019 KLCC sold goods (33,000) to Nizwa Company by cheque. 4th, Jan 2019 KLCC bought goods (14,000) from Penang company on time. 6th, Jan 2019 KLCC pay insurance (5000) by cash. 7th, Jan 2019 KLCC received (10,000) from Nizwa company by cheque. 8th, Jan 2019 KLCC bought Van (22,000) by cheque. Req: Prepare journal entries and T accounts.
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