Chief A. Ajala continued her provision business with cash in hand #300.00 and stock of...

Chief A. Ajala continued her provision business with cash in hand #300.00 and stock of goods of #50.00 with capital liability of #270.00 on January 1st 1997.
2nd January 1997 purchased goods of #80 on credit from Mr. j. ajao.
6th January 1997 purchased goods of #100 on credit from Jamiu Tijani.
12th January 1997 sold goods of #80 to Tiramisu B. on credit.
14th January 1997 sold goods of #150 on credit to Funsho O.
16th January 1997 paid #100 in cash to Jamiu Tijani
18th January 1997 paid #60 in cash to Mr. Jamiu
20th January 1997 received #60 in cash from Tiramisu B.
23rd January 1997 received #90 in cash from Funsho O.
25th January 1997 sold goods in cash for #80
28th January 1997 paid #5 in cash on wages
30th January 1997 paid #8 in cash on rent
The value of stock on hand as at 31-1-1997 at cost was #40

prepare a double entry account of this?

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Asked by Opstech on 5th February, 2025