document.write( "Question 1202271: BC sets up practice as an architect investing $10,000 of his own money into a business bank account. The transfer is effected on 1 January, the date on which he formally commences business. The following transactions took place during the month of January.
\n" ); document.write( "1. Paid office rent for January $200.
\n" ); document.write( "2. Purchased office equipment on account from E Ltd $1,000.
\n" ); document.write( "3. Purchased office supplies on account from W for $150.
\n" ); document.write( "4. Surveyed a property for AB and sent out an invoice $50.
\n" ); document.write( "5. Decided to transfer his own car to the business at a value of $2,000.
\n" ); document.write( "6. Bought petrol for $10, paid by cheque.
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\n" ); document.write( "Required:
\n" ); document.write( "Show these transactions as journal entries and provide narrative explanations for each journal entry
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Algebra.Com's Answer #836978 by ikleyn(52787)\"\" \"About 
You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "Not for this forum.\r
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\n" ); document.write( "\n" ); document.write( "An educated person must be able to distinct Finance from Math and vice versa.\r
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\n" ); document.write( "\n" ); document.write( "Also, an educated person should understand to where he (or she) addresses his (or her) posts and for what reason.\r
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