Write down the source document and journal related to each transaction mentioned below. • Owner brought 1,000,000 as initial capital Purchased 10 laptops worth 100,000 each from Laptop.lk Obtained a loan of 500,000 from Kasuni . . . • Purchased a building for the shop worth 500,000 Purchased 05 laptops worth 100,000 each from laptop.lk on credit . • . . ▬▬▬ . . Sold 02 laptops to Bimal for 150,000 each on cash Purchased a motor vehicle for 1,500,000 on credit from Indra Traders Sold a laptop to Aruni on credit for 150,000 Paid the salary of 25,000 for the accountant Paid 250,000 for Laptop.lk Sold a part of the building for 250,000 on Credit to Nimal Received the electricity bill of 5,000 for January

Write down the source document and journal related to each transaction mentioned below. • Owner brought 1,000,000 as initial capital Purchased 10 laptops worth 100,000 each from Laptop.lk Obtained a loan of 500,000 from Kasuni . . . • Purchased a building for the shop worth 500,000 Purchased 05 laptops worth 100,000 each from laptop.lk on credit . • . . ▬▬▬ . . Sold 02 laptops to Bimal for 150,000 each on cash Purchased a motor vehicle for 1,500,000 on credit from Indra Traders Sold a laptop to Aruni on credit for 150,000 Paid the salary of 25,000 for the accountant Paid 250,000 for Laptop.lk Sold a part of the building for 250,000 on Credit to Nimal Received the electricity bill of 5,000 for January

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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