ACCT 490 Assignment 1 Assignment Question(S): (Total 25 Marks- -5 Questions Each Carries 5 Marks) Q1. In January 2023, ABC Sole Proprietorship Conducted the Following Transactions (Amounts in Saudi Riyal) Owner paid the capital for 5,000,000 in cash. It purchased equipment for 500,000 in cash. It purchased inventory for 2,000,000 in cash. It Sold …
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