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Business, 11.11.2020 09:00 mpete1234567890

On June 1, 2019, Khalid started a business. The following were his transactions for the month. Write journal entries for the following transactions: June 1 Khalid paid capital $ 250 000 into the business bank account. June 3 Bought Machinery $ 25 000 and paid cash. June 7 Bought goods $ 5 000 on credit from Kalim Traders. June 15 Sold goods $ 3 100 on credit to Hosna. June 30 Paid $ 3 000 by cheque on account to Kalim Traders

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On June 1, 2019, Khalid started a business. The following were his transactions for the month. Write...
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