Question
(a) Record the March 31 balance sheet for Westem Ontario TV Repairs on a transaction analysis sheet. Then, show the following transactions for April: Apr.
(a) Record the March 31 balance sheet for Westem Ontario TV Repairs on a transaction analysis sheet.
Then, show the following transactions for April:
Apr. 1 P.Basssett invested a further $9000 cash into his business.
3 Purchased television parts for $500 cash. 4 C. Carter, a customer, paid $200 cash on his account. 6 Received parts along with a $900 bill from Toshiba. 9 Borrowed $5000 cash from the bank. 10 P. Bassett took $1000 cash out of the business for his own use. 12 Purchased a new 530 000 truck from Cressy Motors by making a down payment of $12 000 and
arranging to pay the balance later.
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