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  • P.O.a Ka Practice Q 3

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    king heart
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    Mr. Ali started a business with $300,000. He purchased a building for $90,000, furniture for $50,000, a vehicle for $100,000, and stock for $20,000. He also obtained a $50,000 loan from Ahmed.

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    P.O.a Ka Practice Q=3

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    Mr. Ali started a business with $300,000. He purchased a building for $90,000, furniture for $50,000, a vehicle for $100,000, and stock for $20,000. He also obtained a $50,000 loan from Ahmed.

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    © All Rights Reserved
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    7 views1 page

    P.O.a Ka Practice Q 3

    Uploaded by

    king heart
    Mr. Ali started a business with $300,000. He purchased a building for $90,000, furniture for $50,000, a vehicle for $100,000, and stock for $20,000. He also obtained a $50,000 loan from Ahmed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Q#3

    Q: Mr. Ali started his business with $300,000 cash. He purchased the following
    items:
    1. Building $90,000
    2. Furniture $50,000
    3. Vehicle $ 100,000
    4. Stock $ 20,000
    5. Obtained loan of $50,000 from Ahmed

    Make double-entries (Dr. & Cr.), T-accounts and Trial Balance.

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