Write up the accounts to record the following transactions: 20X7 March 1 Started business with 750 cash
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Write up the accounts to record the following transactions:
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20X7 March 1 Started business with £750 cash and £9,000 in the bank. 11 2 Received a loan of £2,000 from B Blane by cheque. 3 Bought a computer for cash £600. 5 Bought display equipment on credit from Clearcount Ltd £420. Took £200 out of the bank and put it in the cash till. 8 15 Repaid part of Blane's loan by cheque £500. 17 Paid amount owing to Clearcount Ltd £420 by cheque. Repaid part of Blane's loan by cash £250. 24 31 Bought a printer on credit from F Jones for £200. "1 11 11 "1 11
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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