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accounts. The following are the transactions of Mrs Martin in January 2018
Jan 1 Introduced Capital into the bank account for the business K40,000
Debit Bank Account K40,000
Credit Capital Account K40,000
Jan 26 The owner of the business withdrew K500 for the bank account for own
personal use
Debit –
Credit –
Jan 29 Paid Denver Ltd K950 and received K50 discount which cleared the
account
Debit –
Credit –
Credit –