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4.1 Enter the following transactions, completing the double entry in the books for the month of August 2017: 2017 August 1 Started in business with
4.1 Enter the following transactions, completing the double entry in the books for the month of August 2017: 2017 August 1 Started in business with 31,000 in the bank and 4,000 in cash. 2 Purchased goods 1,160 on time from A. Cliff. 3 Bought fixtures and fittings 4,600 paying by cheque. 5 Sold goods for cash 600. 6 Bought goods on time 1,300 from S. Bell. 10 Paid rent by cash 800. 12 Bought stationery 180, paying in cash. 18 Goods returned to A. Cliff 164. 21 Received rent of 480 by cheque for sublet of corner space. 23 Sold goods on time to R. Coat for 3,200. 24 Bought a van paying by cheque 16,400. 30 Paid the month's wages by cash 1,220. 31 The proprietor took cash for her own personal use 1,020
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