A Wild, Wood and Bine enter into a joint venture for dealing in antique brass figures. The following transactions took place:

\(19 \mathrm{X} 4\)

Mar 1 Wild rented a shop, paying 3 months' rent \(£ 150\).

" 2 Wood bought a motor van for \(£ 2,700\).

"4 Wood bought antiques for \(£ 650\).

”15 Bine received cash from sale proceeds of antiques \(£ 3,790\).

\(" 28\) Wild bought antiques for \(£ 1,200\).

Apr 11 Motor van broke down. Bine agreed to use his own van for the job, until cessation of the joint venture, at an agreed charge of \(£ 400\).

13 Motor van bought on Mar 2 was sold for \(£ 2,100\). Proceeds were kept by Wild.

15 Sales of antiques, cash being kept by Wood \(£ 780\).

,, 18 Lighting bills paid for shop by Bine \(£ 120\).

, 30 Bine bought antiques for \(£ 440\).

May 4 General expenses of shop paid for \(£ 800\), Bine and Wild paying half each.

", 19 Antiques sold by Bine \(£ 990\), proceeds being kept by him.

" 31 Joint venture ended. The antiques still in stock were taken over at an agreed valuation of \(£ 2,100\) by Wood.