Q3 ; the following transaction of noor company.. 1/7 noor invests 25 000 D. cash in the business . 3/7 Purchases equipment costing 35 000 D. on account. 5/7 Pays office rent for Jun. in cash 7 000 D. 10/7 Pays salaries of 10000 D. in cash. 15/7 Receives 8000 D. in cash from adverting services. 20/7 Purchased a delivery truck costing 50 000 D. it pays 10 000 D. cash now and to pay the remaining 40 000 D. on account. Prepare : General journal

Q3 ; the following transaction of noor company.. 1/7 noor invests 25 000 D. cash in the business . 3/7 Purchases equipment costing 35 000 D. on account. 5/7 Pays office rent for Jun. in cash 7 000 D. 10/7 Pays salaries of 10000 D. in cash. 15/7 Receives 8000 D. in cash from adverting services. 20/7 Purchased a delivery truck costing 50 000 D. it pays 10 000 D. cash now and to pay the remaining 40 000 D. on account. Prepare : General journal

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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