1 2 4 Debits Credits e Equity 13,000 Bank 3,800 Cash 418 Machinery 6,090 Purchases of goods 3,572 Hannon (Trade Payable) 1,060 Sale of goods 1,370 English (Trade Receivable) 890 Wages 450 Rent 210 15,430 15.430 Transactions during October Crehan & Co got a loan from Hanlon of 4,000, to be paid back in 2022. Purchased goods-for-resale by cheque, costing 1,200. Sold goods on credit to English, charging 920. 5 Purchased goods-for-resale costing 980 from Hannon on credit. 8 Sold goods for cash, charging 1,200. 12 Sold goods on credit to Ward, charging 500. 14 Bought equipment for 1,350, paying by cheque. Received a cheque for 300 from English. 26 Paid rent expense, 125 by cash. 27 Paid wages expense, 100 by cheque. Required:- 1) Open the accounts listed in the trial balance above and enter the balances as given for 1 October 117 24 View as Text Download