Write up the accounts to record the following transactions: 2010 March 1 Started business with 750 cash
Question:
Write up the accounts to record the following transactions:
2010 March
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1 Started business with 750 cash and 9,000 in the bank. 2 Received a loan of 2,000 from B. Blane by cheque. 3 Bought a computer for cash 600. 8 5 Bought display equipment on credit from Clearcount Ltd 420. Took 200 out of the bank and put it in the cash till. Repaid part of Blane's loan by cheque 500. Paid amount owing to Clearcount Ltd 420 by cheque. 24 Repaid part of Blane's loan by cash 250. 15 17 31 Bought a printer on credit from F. Jones for 200.
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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