Arnold commenced business on 3 January 2010. His receipts and payments have been recorded in a Cash account as shown on the right.

Required: 

Post each transaction to the appropriate account in the ledger and extract a Trial Balance as at 9 January 2010.

Transcribed Image Text:

2010 3.1 4.1 9.1 Cash account £ 2010 Capital 15,000 4.1 Sales 450 4.1 Sales 250 4.1 5.1 6.1 7.1 8.1 8.1 9.1 15,700 9.1 Purchases Rent Stationery Purchases Stationery Motor vehicles Motor vehicle maint Drawings Motor vehicle maint Balance c/d £ 300 1,500 90 150 60 1,500 225 450 40 4,315 11,385 15,700