10. Record the following transactions in journal and the T-accounts . . Started business with $15.000 in the bank. Withdrew $8.000 cash from the bank and placed in the cash box. Bought an office machinery paying by cheque $1.000 Bought an equipment $1.500 on credit from D.Johnson Company. Paid the amount owing to D.Johnson Company $500 by cheque. Bought goods on credit from T.Jones $ 2.000 . Sold goods for cash $500. Paid insurance by cheque $ 800 Sold goods on credit to R.Martin $1.500 Paid wages by cash $ 200 R.Martin returned goods to us $300 Received cheque $1.000 from R.Martin We returned goods to T.Jones $400 Paid Money owing to T.Jones by cheque $1.600 $1.000 cash is received commissions earned by business for The owner takes $100 cash out of the business for his/her private use