3.10* The following is a list of transactions which relate to Ivan for the first month that he is in business:

1.9.06 Started the business with £10 000 in cash.

2.9.06 Paid £8000 into a business bank account.

3.9.06 Purchased £1000 of goods in cash.

10.9.06 Bought goods costing £6000 on credit from Roy.

12.9.06 Cash sales of £3000.

15.9.06 Goods sold on credit terms to Norman for £4000.

20.9.06 Ivan settles Roy’s account by cheque.

30.9.06 Cheque for £2000 received from Norman.

Required:

Enter the above transactions in Ivan’s ledger accounts.