Question: Make double entries for this question ! 2. You are to enter up the necessary accounts for the month of August from the following information

Make double entries for this question !
Make double entries for this question ! 2. You are to enter

2. You are to enter up the necessary accounts for the month of August from the following information relating to a small printing firm. Then balance off the accounts and extract a trial balance as at 31 August 2021 Aug 1 2021 Started in business with $7,400 cash. Aug 2 Paid $7,000 of the opening cash into the bank. Aug 4 Bought goods on credit $410 from J Watson. Aug 5 Bought a van by cheque $4,920. Aug 7 Bought goods for cash $362. Aug 10 Sold goods on credit $218 to L Less. Aug 12 Returned goods to J Watson $42. Aug 19 Sold goods for cash $54. Aug 22 Bought fixtures on credit from Firelighters Ltd $820. Aug 24 F Holmes lent us $1,500 paying us the money by cheque. Aug 29 We paid J Watson his account by cheque $368. Aug 31 We paid Firelighters Ltd by cheque $820

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