Sep 1. Bought goods of Ghc 700 by paying cash Sep 2.Sold goods worth Ghc 1,500 to Apugya Ltd on credit Sep 5.Bought office furniture and fittings worth Ghc 2,000 on credit from Suro Nipa Ent. Sep 10. Obaapa Agyeiwaa Ent bought from us Ghc 2,000 worth of goods paying by cheque Sep 15. Owner bought generator set for the Enterprise from her personal coffers Sep 17.Bought goods for Ghc 1,000 from Huhuhu Ent on agreeing to a credit terms of 30 days Sep 20.Received Ghc 1,000 cheque from Apugya Ltd, the remaining debt on the account was settled by cheque Sep 23.Owner took Ghc 1,500 from the business cash to settle

Sep 1. Bought goods of Ghc 700 by paying cash Sep 2.Sold goods worth Ghc 1,500 to Apugya Ltd on credit Sep 5.Bought office furniture and fittings worth Ghc 2,000 on credit from Suro Nipa Ent. Sep 10. Obaapa Agyeiwaa Ent bought from us Ghc 2,000 worth of goods paying by cheque Sep 15. Owner bought generator set for the Enterprise from her personal coffers Sep 17.Bought goods for Ghc 1,000 from Huhuhu Ent on agreeing to a credit terms of 30 days Sep 20.Received Ghc 1,000 cheque from Apugya Ltd, the remaining debt on the account was settled by cheque Sep 23.Owner took Ghc 1,500 from the business cash to settle

Name: QUESTION 2The following transactions relate to Obaa Lizzy Ent for the
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Description: QUESTION 2The following transactions relate to Obaa Lizzy Ent for theMonth of September 2022. You are required to record thetransaction in the respective T-Accounts.Note: You are not required balance off the accounts.Sep 1. Bought goods of Ghc 700 b

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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Please prepare Income Statement and Financial Position. Thank you!
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