S Munro started a new business on 1 June. In your ledger write up the double entry accounts needed to record the following transactions:

June 1 Started a new business by placing £5,000 in a business bank account 3 Bought goods costing £150 on credit from G Glifton 5 Sold goods priced at £250, receiving payment by cheque 7 Sold goods priced at £150 for cash 9 Bought goods costing £50, paying in cash 11 Bought goods costing £660 on credit from K Ingram 14 Sold goods priced at £500 on credit to E Mason 15 Bought motor vehicle costing £2,000, paying by cheque 20 Received a loan of £1,000 by cheque from T Wilson 22 The firm paid a creditor C Clifton £150 by cheque 26 Bought goods costing £70, paying by cheque 30 Sold goods priced at £90 on credit to G Spink