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1. XXXX Record the following details in T accounts relating to a Business for the month of November 2017 and balance the accounts XXX 1
1. XXXX Record the following details in T accounts relating to a Business for the month of November 2017 and balance the accounts XXX 1 Begin in business with 15,000 in the bank. 3 Purchased goods on credit from: J Small 290; 5 Cash sales 610. 6 Paid rent by cheque 175. 7 Paid business rates by cheque 130. 9.Business bought Motor Vehicle costing 5000 by cheque. 11 Sold goods on credit to: T Potts 85. 17 Paid wages by cash 290. 18 We returned goods to: T Potts 18. 20.Business took loan of 2500 in cash
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