4. You are required to open the asset and liability and capital accounts and record the following transactions for June 20X8 in the records of P Bernard. 20X8 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 $1,900. 8 Bought a van paying by cheque $5,250. 12 Bought equipment from Pearce & Sons on credit $2,300. 18 Returned faulty office furniture costing $120 to Dream Ltd. 25 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