Question
2.3 Write up the asset and liability and capital accounts to record the following transactions in the records of F Murray. 20X7 July 1 Started
2.3 Write up the asset and liability and capital accounts to record the following transactions in the records of F Murray. 20X7 July 1 Started business with 15,000 in the bank. == 2 Bought office furniture by cheque 1,200. == 3 Bought machinery 1,400 on credit from Trees Ltd. == 5 Bought a van paying by cheque 6,010.== 8 Sold some of the office furniture not suitable for the business for 150 on credit to D Twig & Sons. == 15 Paid the amount owing to Trees Ltd 1,400 by cheque. == 23 Received the amount due from D Twig & Sons 150 in cash. == 31 Bought more machinery by cheque 650
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