3.7 Davies buys and sells goods on cash and credit terms. The following is a list of her transactions for April 2004:

1 Capital introduced by Davies paid into the bank.

2 Goods purchased on credit terms from Swallow.

3 Goods sold to Hill for cash.

4 Cash paid for purchase of goods.

5 Dale buys goods from Davies on credit.

6 Motoring expenses paid by cheque.

Required:

State which account in Davies’s books of account should be debited and which account should be credited for each transaction.