(This is a basic example, with neither a Payables Ledger nor a Receivables Ledger needed.) From the following transactions of Rachel Roberts, write up a cash book showing cash and bank transactions and ledger accounts for all other transactions.

Prepare a trial balance at 7 October.

1 Oct Started the business by paying £9,000 into the business bank account and also providing £100 as an opening cash balance 1 Oct Bought goods for resale with a bank transfer of £4,000 and paid £60 in cash for stationery 2 Oct Sold goods for £600 (paid by bank transfer) and £280 cash 3 Oct Paid a cheque for £30 for advertising and a cheque for £45 for printing 4 Oct Paid rent by bank transfer, £100 5 Oct Sold goods for £700 (paid by bank transfer) and £130 cash 6 Oct Paid wages £260 cash. Owner withdrew £400 from the bank for personal use 7 Oct A customer was given a refund by cheque £40 for faulty goods returned to the business