(b) Thabo opened a wholesale shoe business. He buys and sellson credit

1.	(b) Thabo opened a wholesale shoe business. He buys and sellson credit termsName the accounting principle which Thabo did not apply in eachof the folliwingThabo debited the wages account with $400 withdrawn fromthe bank for personal use. (1)(ii) Thabo revalued his premises by $20,000 when the premisesnext door were offered for sale for $20,000 more than Thabo paidfor his. (1)(iii) Thabo credited the sales account with $1000 after a customerpromised to purchase shoes,selling price $1000, next month. (1)(c) Ahmed is a sole trader who keeps full accounting records forall his purchades and sales on credit.Entries are posted monthlyfrom prime(original) entry books to ledger accounts.From the following information, make the entries required on 30April 2004 in the ledger accounts below.
Answer» ANSWER: HII happy chocolate DAY byy

(b) Thabo opened a wholesale shoe business. He buys and sellson credit termsName the accounting principle which Thabo did not apply in eachof the folliwingThabo debited the wages account with $400 withdrawn fromthe bank for personal use. (1)(ii) Thabo revalued his premises by $20,000 when the premisesnext door were offered for sale for $20,000 more than Thabo paidfor his. (1)(iii) Thabo credited the sales account with $1000 after a customerpromised to purchase shoes,selling price $1000, next month. (1)(c) Ahmed is a sole trader who keeps full accounting records forall his purchades and sales on credit.Entries are posted monthlyfrom prime(original) entry books to ledger accounts.From the following information, make the entries required on 30April 2004 in the ledger accounts below.

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HII happy chocolate DAY byy

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