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Question 2 Enter the following in the relevant journals. a. 01/01/20 Sold goods to Lorato P5, 000 on credit. b. 03/01/20 Bought goods from Sechaba P3, 000 on credit. c. 05/01/20 Sold goods to Kago P4, 000 on credit. d. 07/01/20 Bought goods from Thapama P7, 000 on credit. e. 09/01/20 Kubu returned goods P500 to us. f. 11/01/20 Returned goods P700 to Thapama. g. 13/01/20 Sold goods P7,000 on credit to Boago h. 15/01/20 Bought goods P10,000 on credit to Loero i. 17/01/20 Returned P1,000 goods to Loero. j. 19/01/20 Boago returned goods to us P600

Question 2 Enter the following in the relevant journals. a. 01/01/20 Sold goods to Lorato P5, 000 on credit. b. 03/01/20 Bought goods from Sechaba P3, 000 on credit. c. 05/01/20 Sold goods to Kago P4, 000 on credit. d. 07/01/20 Bought goods from Thapama P7, 000 on credit. e. 09/01/20 Kubu returned goods P500 to us. f. 11/01/20 Returned goods P700 to Thapama. g. 13/01/20 Sold goods P7,000 on credit to Boago h. 15/01/20 Bought goods P10,000 on credit to Loero i. 17/01/20 Returned P1,000 goods to Loero. j. 19/01/20 Boago returned goods to us P600

FINANCIAL ACCOUNTING
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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Question 2

Enter the following in the relevant journals.
a. 01/01/20 Sold goods to Lorato P5, 000 on credit.
b. 03/01/20 Bought goods from Sechaba P3, 000 on credit.
c. 05/01/20 Sold goods to Kago P4, 000 on credit.
d. 07/01/20 Bought goods from Thapama P7, 000 on credit.
e. 09/01/20 Kubu returned goods P500 to us.
f. 11/01/20 Returned goods P700 to Thapama.
g. 13/01/20 Sold goods P7,000 on credit to Boago
h. 15/01/20 Bought goods P10,000 on credit to Loero
i. 17/01/20 Returned P1,000 goods to Loero.
j. 19/01/20 Boago returned goods to us P600

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