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2. Write up the accounts to record the following transactions for C. Williams and balance off the accounts. 2008 `1 June 2 June 5
2. Write up the accounts to record the following transactions for C. Williams and balance off the accounts. 2008 `1 June 2 June 5 June 8 June 12 June 15 June 19 June 21 June 25 June 30 June Started business with $15,000 cash in bank. Bought motor van, paying by cheque $4,200. Bought office fixtures $800 on credit from Young Ltd. Bought motor van on credit from Super Motors $3,800. Took $500 out of the bank and put it into the cash till. Bought office fixtures paying by cash $200. Paid Super Motors a cheque for $800 on account. A loan of $1,000 cash is received from J. Jarvis. Paid $800 of the cash in hand into the bank account. Bought more office fixtures, paying by cheque $300. [14 marks]
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