You are required to open the asset and liability and capital accounts and record the following transactions for June 20X8 in the records of C Williams.

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20X8 June 1 Started business with 2,000 in cash. " 2 " 5 " 8 Paid 1,800 of the opening cash into a bank account for the business. Bought office furniture on credit from Betta-Built Ltd for 120. Bought a van paying by cheque 950. " 12 77 "" " " " 18 25 26 28 30 Bought works machinery from Evans & Sons on credit 560. Returned faulty office furniture costing 62 to Betta-Built Ltd. Sold some of the works machinery for 75 cash. Paid amount owing to Betta-Built Ltd 58 by cheque. Took 100 out of the bank. J Smith lent us 500 - giving us the money by cheque.