ADDITIONAL TRANSACTIONS, 193313 1 INTEREST AND LOANS -ABC whd Acquired aloom from MD Bank 2100, 000 at an interest rate of 10% per annum. On 1 | January | 2022, first day of the financial year. -hoan repayment amount of 2 10000 and Interest are due on the last day of the financial year. Required. DRecord the transactions in the Cash Journals of ABC Traders On 31/12/2022 2010 ok 11) Post the Interies to the general ledger 11) Show the effect of transaction on Accorenting equation of ABC led traders. On 31/12/2022.

ADDITIONAL TRANSACTIONS, 193313 1 INTEREST AND LOANS -ABC whd Acquired aloom from MD Bank 2100, 000 at an interest rate of 10% per annum. On 1 | January | 2022, first day of the financial year. -hoan repayment amount of 2 10000 and Interest are due on the last day of the financial year. Required. DRecord the transactions in the Cash Journals of ABC Traders On 31/12/2022 2010 ok 11) Post the Interies to the general ledger 11) Show the effect of transaction on Accorenting equation of ABC led traders. On 31/12/2022.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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