Dublin’s BlarneyStone Pub opened on 1st April and the following six transactions occurred in its first week of business. Record the transactions in appropriately headed T-accounts for the BlarneyStone Pub’s manager.

Transcribed Image Text:

a) Owner invested 4,000 in a newly opened bank account for the pub. b) Purchased 5,000 of "Old Black Creamy" stout on account. c) Paid cash 450 for a delivery of potato crisps and salted peanuts. d) Purchased a cash register for 1,000 on credit. e) Banked the first week's bar takings of 350. f) Determined that the cost of "Old Black Creamy" sold in the first week was 150.