Write up the accounts to record the following transactions: 2007 March 1 Started business with 750 cash

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Write up the accounts to record the following transactions:

2007 March 1 Started business with £750 cash and £9,000 in the bank.
2 Received a loan of £2,000 from B Blane by cheque.
3 Bought a computer for cash £600.
5 Bought display equipment on credit from Clearcount Ltd £420.
8 Took £200 out of the bank and put it in the cash till.
15 Repaid part of Blane’s loan by cheque £500.
17 Paid amount owing to Clearcount Ltd £420 by cheque.
24 Repaid part of Blane’s loan by cash £250.
31 Bought a printer on credit from F Jones for £200.

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Business Accounting Uk Gaap Volume 1

ISBN: 9780273718765

1st Edition

Authors: Frank Wood, Alan Sangster

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