Screenshot_ XXXXXXXXXX082517_OfficeDon't need outlines the last 2 bulletThose 7 questions important

Solution 1
        Date    Particulars    Debit    Credit
        1-Apr-06    Cash     60,000
            Common stock        60,000
            (To record issuance of stock)
        1-Apr-06    Cash    32,000
            Bank Loan        32,000
            (To record receipt of bank loan)
        1-Apr-06    Truck    12,000
            Cash        2,000
            Truck Loan        10,000
            (To record purchase of truck)
        1-Apr-06    Display equipment    6,000
            Cash        6,000
            (To record purchase of display equipment)
        1-Apr-06    Rototiller    400
            Cash        400
            (To record purchase of rototiller)
        1-Apr-06    Printing and stationery    3,600
            Cash        3,600
            (To record purchase of register)
        1-Apr-06    Inventories    60,000
            Cash        60,000
            (To record purchase of inventory)
        31-Mar-07    Cash    340,000
            Accounts receivables    60,000
            Sales revenue        400,000
            (To record sales revenue)
        1-Apr-06    Inventories    200,000
            Accounts payable        200,000
            Cost of goods sold     240,000
            Inventory        240,000
            (To record COGS)
        31-Mar-07    Advertisment expenses    20,000
            Cash        20,000
            (To record advertisment expenses)
        31-Mar-07    Rent expenses    7,200
            Telephone expenses    1,200
            Utilities expenses    4,800
            Salaries and wages    112,000
            Cash        125,200
            (To record yearly expenses)
        31-Mar-07    Truck Loan    3,332
            Interest expenses    700
            Cash        4,032
            (To record repayment of truck loan)
        31-Mar-07    Bank...