In each of the following cases describe the two entries required on the worksheet.

(a) The owner pays £500 into the business bank account.

(b) A desk is bought for £100 for the business, paid for from the bank account.

(c) The business buys goods for £200.

(d) The rent of the premises of £50 for the first week is paid.

(e) A potential customer makes an offer for the goods of £250.

(f) The wages of the employee amounting to £60 are paid.
(g) The firm receives another offer of £350 for the goods, accepts this offer and is paid immediately.