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Draw T-account for transactions given below: Transactions 1: Businessman started his business with $5000 paid into a business bank on 1 Aug 2015....
Draw T-account for transactions given below:
Transactions 1: Businessman started his business with $5000 paid into a business bank on 1 Aug 2015.
Transaction 2: The businessman purchase furniture with amount of $600 on credit from TKR4 ltd on 2 Aug 2015.
Transaction 3: The businessman purchases a PC computer with a cheque for $600 on 3 Aug 2015.
Transaction 4: The businessman pays TKR4 ltd $200 by cheque on 4 Aug 2015.
Transaction 5: The businessman borrows $4,000 on loan from a bank on 5 Aug 2015. The money is paid into the business bank account.
