2.4 You are required to open the asset and liability and capital accounts and record the follow- ing transactions for June 20X8 in the records of P Bernard. 20X8 June 1 Started business with 12,000 in cash. "1 2 5 "1 "1 11 11 "1 "1 "1 "1 20X9 June "1 "1 2.5A Write up the asset, capital and liability accounts in the books of D Gough to record the following transactions: "" "1 "1 "1 "1 "1 "" "1 "1 "1 8 12 18 25 2.6A Write up the accounts to record the following transactions: 20X7 March "1 "1 Paid 11,700 of the opening cash into a bank account for the business. Bought office furniture on credit from Dream Ltd for 1,900. Bought a van paying by cheque 5,250. Bought equipment from Pearce & Sons on credit 2,300. Returned faulty office furniture costing 120 to Dream Ltd. Sold some of the equipment for 200 cash. 26 Paid amount owing to Dream Ltd 1,780 by cheque. 28 Took 130 out of the bank and added to cash. 30 F Brown lent us 4,000 - giving us the money by cheque. "1 1 Started business with 16,000 in the bank. 2 Bought van paying by cheque 6,400. 5 Bought office fixtures 900 on credit from Old Ltd. 8 Bought van on credit from Carton Cars Ltd 7,100. 12 Took 180 out of the bank and put it into the cash till. 15 Bought office fixtures paying by cash 120. 19 Paid Carton Cars Ltd a cheque for 7,100. 21 A loan of 500 cash is received from B Berry. 25 Paid 400 of the cash in hand into the bank account. 30 Bought more office fixtures paying by cheque 480. 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.

208 June 1 Started business with 12,000 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. i. 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. "I 2 Bought van paying by cheque f6,400. " 5 Bought office fixtures f900 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. ". 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: 207 March 1 Started business with f750 cash and 9,000 in the bank. " 2 Received a loan of f2,000 from B Blane by cheque. ". 3 Bought a computer for cash f600. " 5 Bought display equipment on credit from Clearcount Ltd f420. " 8 Took f200 out of the bank and put it in the cash till. " 15 Repaid part of Blane's loan by cheque f500. "1 17 Paid amount owing to Clearcount Ltd f420 by cheque. ". 24 Repaid part of Blane's loan by cash E250. " 31 Bought a printer on credit from F Jones for f200