Arnold commenced business on 1.1.2010 and has made the following transactions:

Required: 

Show how these transactions would be recorded in the Cash account.

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Date Transaction 1.1 Started business 2.1 Made purchases for cash N N N N 2.1 Paid rent in cash 2.1 Bought stationery for cash 2.1 Received cash from sales 3.1 Made purchases for cash Date 4.1 300 5.1 1,500 6.1 90 6.1 450 7.1 150 7.1 £ 15,000 Transaction Bought stationery for cash Acquired second-hand vehicle Paid motor vehicle expenses Took cash for living expenses Received cash from sales Paid motor vehicle expenses £ 60 1,500 225 450 250 40