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[pic] THE UNIVERSITY OF FAISALABAD ASSIGNMENT : JOURNAL ENTRIES COURCE enroll : ACT-122 COURCE TITLE : FINANCIAL ACCOUNTING SEMESTER : M BE Ist CAMPUS : JINNAH COLONY FACULTY OF counsel STUDIES SUBMITTED BY : SUBMITTED TO: ABRAR HUSSAIN OSAMA ANWAR LECTURER Accounting Assignment# 1 Deadline: 11/12/2012 British American Tobacco ar the manufacturers of finest cigarette in Pakistan. They obtain tobacco plant from local farmers, crop it to watch cigarettes and sell it done their own distribution channel.

pursuit accounting transactions took perspective during the month of November, 2012. The fellowship procured tobacco for $ 1,200,000 on 1st Novembers and the requital will be make next month. On fifth November, bust expense of fountain month was give in cash, worth $ 15,000. It shows that on one-eighth November, beau monde sold it 2 vehicles for 400,000. On 13th November, a payment of $ 5,000 was received from customers for the sales of cigarettes that occurred in last month. The company took a bank impart on 17th November to purchase machinery for worth $ 50,000,000. An interim dividend of $ 8000 is paid in cash on 21st November. A guide on investment in the bonds Engro Corporation was received in cash on twenty-sixth November for worth $ 83000. On twenty-ninth November, the company recorded entries for utilities $ 23000, hire $15000 and wages $ 35,000. On November 30th, the do value of cigarettes sold for the month was 2,500,000 and 50%...If you want to film a full essay, shew it on our website: Ordercustompaper.com

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