Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1.Started business with 750 cash and 9,000 in the bank. 2 Received a loan of 2,000 from B Blane by cheque. 3 Bought a computer
1.Started business with 750 cash and 9,000 in the bank.
2 Received a loan of 2,000 from B Blane by cheque.
3 Bought a computer for cash 600.
5 Bought display equipment on credit from Clearcount Ltd 420.
8 Took 200 out of the bank and put it in the cash till.
15 Repaid part of Blane's loan by cheque 500.
17 Paid amount owing to Clearcount Ltd 420 by cheque.
24 Repaid part of Blane's loan by cash 250.
31 Bought a printer on credit from F Jones for 200.
lodger
make a lodger
2.6A Write up the accounts to record the following transactions: \begin{tabular}{|c|c|c|} \hline March & 1 & Started business with 750 cash and 9,000 in the bank. \\ \hline " & 2 & Received a loan of f2,000 from B Blane by cheque. \\ \hline " & 3 & Bought a computer for cash f600. \\ \hline" & 5 & Bought display equipment on credit from Clearcount Ltd 420. \\ \hline " & 8 & Took f200 out of the bank and put it in the cash till. \\ \hline" & 15 & Repaid part of Blane's loan by cheque 500. \\ \hline & 17 & Paid amount owing to Clearcount Ltd f420 by cheque. \\ \hline" & 24 & Repaid part of Blane's loan by cash 250. \\ \hline & 31 & Bought a printer on credit from F Jones for 2200. \\ \hline \end{tabular} 2.6A Write up the accounts to record the following transactions: \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|l|}{207} \\ \hline March & 1 & Started business with 750 cash and f9,000 in the bank. \\ \hline"1 & 2 & Received a loan of f2,000 from B Blane by cheque. \\ \hline" & 3 & Bought a computer for cash f600. \\ \hline " & 5 & Bought display equipment on credit from Clearcount Ltd f420. \\ \hline " & 8 & Took f200 out of the bank and put it in the cash till. \\ \hline " & 15 & Repaid part of Blane's loan by cheque 500. \\ \hline " & 17 & Paid amount owing to Clearcount Ltd f420 by cheque. \\ \hline " & 24 & Repaid part of Blane's loan by cash 250. \\ \hline " & 31 & Bought a printer on credit from F Jones for 200. \\ \hline \end{tabular} Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started