Self-test You are presented with the following ledger account in the books of Ann. The account gives details of the bank transactions for the month of July 2009.

You are required to balance this account and show the opening balance at 1 August 2009.

Bank 1 Jul 09 Capital 40,000 10 Jul 09 Rent 1,900 15 Jul 09 Sales 3,587 11 Jul 09 Computer 2,100 28 Jul 09 Debtor 2,984 12 Jul 09 Phone 156 31 Jul 09 Interest 143 14 Jul 09 Purchases 1,123 Sales 1,988 Drawings 1,200 17 Jul 09 Wages 950 27 Jul 09 Printer 287 Electricity 342 31 Jul 09 Wages 1,980 Insurance 3,500