Enter the following transactions in the appropriate accounts:

2016 Aug 

1 Started in business with £7,400 cash.
2 Paid £7,000 of the opening cash into the bank.
4 Bought goods on time £410 from J. Watson.
5 Bought a van by cheque £4,920.
7 Bought goods for cash £362.
10 Sold goods on time £218 to L. Less.
12 Returned goods to J. Watson £42.
19 Sold goods for cash £54.
22 Bought fixtures on time from Firelighters Ltd £820.
24 F. Holmes lent us £1,500 paying us the money by cheque.
29 We paid J. Watson his account by cheque £368.
31 We paid Firelighters Ltd by cheque £820.