Question 3 [28] The following transactions were provided by Musa Stores in March 2021. 1...
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Question 3 [28] The following transactions were provided by Musa Stores in March 2021. 1 The owner donated a vehicle worth N$51 000 to a kindergarten. 2 The business invested N$30 000 with Bank-W. 4 Goods worth N$3 800 were purchased on credit from B. Blue 7 Paid office expenses by cheque, N$5 430. 11 Goods to the value of N$880 were of the wrong sample and were returned to Orange Stores 15 Paid wages by cash, N$450. 17 Owner took N$2 400 by cash to pay his personal telephone account 20 The business sold an unused printer by cash for N$1 700. 24 Sold goods on credit to O. Oxen, N$1 950. 26 Withdrew N$3 000 cash for business use. 28 Received cash of N$6 200 as rent from J. Jose. 30 Settled the business account with Petty Stores by cheque, N$3 500. 31 The business was charged with interest on overdue account by Grey Dealers, N$190. Required: [26] Prepare the General Journal of Musa Stores March 2021
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