Write up the asset, capital and liability accounts in the books of D Gough to record...

 

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Write up the asset, capital and liability accounts in the books of D Gough to record the following transactions: 20XB Apr 1 Started business with RM16,000 in the bank. 4 Bought van paying by cheque RM6,400. 5 Bought office fixtures RM900 on credit Office Fixtures from Old Bhd. Debited Credited Old Berhad 8 Bought van on credit from Carton Cars Bhd RM7,100. 11 Took RM180 out of the bank and put it into the cash till. 13 Bought office fixtures paying by cash RM120. 15 Paid Carton Cars Bhd a cheque for RM7,100. 17 A loan of RM500 cosh is received from B Berry. 24 Paid RM400 of the cash in hand into the bank account. 29 Bought more office fixtures paying by cheque RM480. Write up the asset, capital and liability accounts in the books of D Gough to record the following transactions: 20XB Apr 1 Started business with RM16,000 in the bank. 4 Bought van paying by cheque RM6,400. 5 Bought office fixtures RM900 on credit Office Fixtures from Old Bhd. Debited Credited Old Berhad 8 Bought van on credit from Carton Cars Bhd RM7,100. 11 Took RM180 out of the bank and put it into the cash till. 13 Bought office fixtures paying by cash RM120. 15 Paid Carton Cars Bhd a cheque for RM7,100. 17 A loan of RM500 cosh is received from B Berry. 24 Paid RM400 of the cash in hand into the bank account. 29 Bought more office fixtures paying by cheque RM480.

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2018 Debited Creddited Apr 1 Started business with RM 16000 in the bank ... View the full answer