You are required to open the asset and liability and capital accounts and record the following transactions for June in the records of P. Bernard:

June 1 Started business with \(£ 17,500\) in cash.

2 Paid \(£ 9,400\) of the opening cash into a bank account for the business.

5 Bought office furniture on time from Dream Ltd for \(£ 2,100\).

8 Bought a van paying by internet transfer from the bank account \(£ 5,250\).

12 Bought equipment from Pearce \& Sons on time \(£ 2,300\).

18 Returned faulty office furniture costing \(£ 260\) to Dream Ltd.

25 Sold some of the equipment for \(£ 200\) cash (its original cost).

26 Paid amount owing to Dream Ltd \(£ 1,840\) by internet transfer from the bank account.

28 Took \(£ 130\) out of the bank and added to cash.

30 F. Brown lent us \(£ 4,000\) - sending us the money by internet transfer.