4.
i.
ili.
iV.
V.
Vi.
vii.
vili.
ix.
X.
xil.
Show the journal entries to record the following items:
Goods purchase on credit from Adeleke N50,000
Cash sales N26,000
The owner of the business withdrew goods worth N5,000 without paying for thei
Paid rent by cheque N600
Goods sold on credit to Bolanle N500
A debt owing to us by Tobi of N3,500 written off as bad debt.
Bought goods by cash N3,000
Paid carriage inward by cash N700
Insurance premium paid by cash #2,000
Paid for repairs of generating plant N3,200
Cash drawings by the Proprietor #2,000?
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Asked by Elias on 10th May, 2023
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