Webber Bright commenced a sole-proprietorship in September 2022. The following transactions took place during the month....

 

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Webber Bright commenced a sole-proprietorship in September 2022. The following transactions took place during the month. 2022 Sept. 1 3 5 6 7 11 17 18 19 20 21 23 25 26 28 30 Started business with $10,000 in the bank. Bought goods on credit from: T. Henriques $3,200; J Smith $4,600; W Rogers $8,000; P Boone $6,200. Cash sales $4,800. Paid rent by cheque $400. Paid rates by cheque $3,800. Sold goods on credit to: L. Matthews $960; K Allen $640; R Hall $23,400. Paid wages by cash $800. Returned goods to: T Henriques $280; P Boone $400. Bought goods on credit from: P Boone $1,600; W. Rogers $5,400; D. Diaz $2,600. Goods were returned by: K Allen $40; L. Matthews $80. Bought motor van on credit from U Z Motors $10,000. Paid the following by cheque: T Henriques $2,920; J Smith $4,600; W Rogers $6,000. Bought another motor van, paying by cheque $14,000. Received a loan of $8,000 cash from A Williams. Received cheques from: L Matthews $880; K Allen $600. Put a further $6,000 cheque into the business bank account. Required: Record the above transactions in the relevant Books of Original Records. Ledgers are NOT required. Webber Bright commenced a sole-proprietorship in September 2022. The following transactions took place during the month. 2022 Sept. 1 3 5 6 7 11 17 18 19 20 21 23 25 26 28 30 Started business with $10,000 in the bank. Bought goods on credit from: T. Henriques $3,200; J Smith $4,600; W Rogers $8,000; P Boone $6,200. Cash sales $4,800. Paid rent by cheque $400. Paid rates by cheque $3,800. Sold goods on credit to: L. Matthews $960; K Allen $640; R Hall $23,400. Paid wages by cash $800. Returned goods to: T Henriques $280; P Boone $400. Bought goods on credit from: P Boone $1,600; W. Rogers $5,400; D. Diaz $2,600. Goods were returned by: K Allen $40; L. Matthews $80. Bought motor van on credit from U Z Motors $10,000. Paid the following by cheque: T Henriques $2,920; J Smith $4,600; W Rogers $6,000. Bought another motor van, paying by cheque $14,000. Received a loan of $8,000 cash from A Williams. Received cheques from: L Matthews $880; K Allen $600. Put a further $6,000 cheque into the business bank account. Required: Record the above transactions in the relevant Books of Original Records. Ledgers are NOT required.

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