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208 June 1 Started business with f12,000 in cash. . 2 Paid 11,700 of the opening cash into a bank account for the business. .

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208 June 1 Started business with f12,000 in cash. ". 2 Paid 11,700 of the opening cash into a bank account for the business. ". 5 Bought office furniture on credit from Dream Ltd for f1,900. " 8 Bought a van paying by cheque f5,250. " 12 Bought equipment from Pearce \& Sons on credit f2,300. "1 18 Returned faulty office furniture costing f120 to Dream Ltd. " 25 Sold some of the equipment for f200 cash. " 26 Paid amount owing to Dream Ltd f1,780 by cheque. " 28 Took f130 out of the bank and added to cash. " 30 F Brown lent us f4,000 - giving us the money by cheque. 2.5A Write up the asset, capital and liability accounts in the books of D Gough to record the following transactions: 209 June 1 Started business with 16,000 in the bank. " 2 Bought van paying by cheque f6,400. " 5 Bought office fixtures 900 on credit from Old Ltd. " 8 Bought van on credit from Carton Cars Ltd 7,100. ". 12 Took f180 out of the bank and put it into the cash till. " 15 Bought office fixtures paying by cash f120. " 19 Paid Carton Cars Ltd a cheque for 7,100. " 21 A loan of f500 cash is received from B Berry. "i 25 Paid 400 of the cash in hand into the bank account. " 30 Bought more office fixtures paying by cheque f480. 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 f750 cash and f9,000 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 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 f500. \\ \hline " & 17 & Paid amount owing to Clearcount Ltd f420 by cheque. \\ \hline " & 24 & Repaid part of Blane's loan by cash f250. \\ \hline " & 31 & Bought a printer on credit from F Jones for f \\ \hline \end{tabular}

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