The information below from (Ali) Company. Jan. 3. The owner withdrew S$7138 cash for personal use. Jan. 6 Sold goods on account to (Ahmed) for $25,200. Jan. 20 Ahmed account is settled as follows: Returned goods $725, give us a note $10,450 and the balance cash. Jan.22. Paid the following expenses: wages $7503 Check, transportation $1965 cash, advertising $2134 cash, commission $5092 Check, and stationary $6023 cash, Required:Record transactions to the general journal
The information below from (Ali) Company. Jan. 3. The owner withdrew S$7138 cash for personal use. Jan. 6 Sold goods on account to (Ahmed) for $25,200. Jan. 20 Ahmed account is settled as follows: Returned goods $725, give us a note $10,450 and the balance cash. Jan.22. Paid the following expenses: wages $7503 Check, transportation $1965 cash, advertising $2134 cash, commission $5092 Check, and stationary $6023 cash, Required:Record transactions to the general journal
Chapter1: Financial Statements And Business Decisions
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