Answer to Question #342867 in Management for siye

Question

Prepare step by step transaction for ochan ogen and lastly prepare financial statement of business

suppose tha ochan ogen established as sole proprietors ship to known as ochan ogen on feb2,2210 during the business engages the transaction Mr ochan start by depositing br 200,000 a bank account opened in the name ochan ogen.

 Ochang ogen by bought some material for br..15,000 in cash to be used to doing business also ochan ogen to buy computer for br .1800 on credit to be used by the business the other one is ochan ogen paid br. 2100 to creditors on account as you might have noticed the business bought by supplied.During this time ochan  ogen earned service fees br 21,000receiving the amount in case for the ogen service it rended