ahmedxzaza
10-03-2009, 08:04 PM
Alsalam 3likom
I've faced this example while applying to Ridgwood Co.
March 01-- Assume the owner borrowed 14000$ to increase capital
March 02 -- the owner paid the lender back 2000$ to the lender
Required : journal entries and the effect on the B S
I'll be very thankful if you helped me in this example
I've faced this example while applying to Ridgwood Co.
March 01-- Assume the owner borrowed 14000$ to increase capital
March 02 -- the owner paid the lender back 2000$ to the lender
Required : journal entries and the effect on the B S
I'll be very thankful if you helped me in this example