Show the journal entries necessary to record the following items (narratives are not required). (a) Bought van

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Show the journal entries necessary to record the following items (narratives are not required).

(a) Bought van on credit for £800 from P Gray

(b) The owner withdraws goods from the business worth £75 for personal use

(c) The owner brings her own private computer into the business at a valuation of £180

(d) A desk worth £50 is accepted in full settlement of the £50 owing to the business by L Skipsey

(e) Sale of car on credit to J Rowell worth £250

(f ) Bought office fixtures on credit from L Palmer for £95

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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