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All showing as (T) accounts as the results You are required to open the asset and liability and capital accounts and record the following transactions
All showing as (T) accounts as the results
You are required to open the asset and liability and capital accounts and record the following transactions for June 2020 in the records of P. Bernard. (2 pts. per entry) Used the blank pages attached at the end of the module to do the quiz. 2021 June 1 June 2 June 5 June 8 June 12 June 20 June 25 June 26 June 28 June 30 Started business with $17,500 in cash. Paid $9,400 of the opening cash into a bank account for the business Bought office furniture on credit from Dream Ltd for $2,100, Bought a van paying by cheque $5,250. Bought equipment from Pearce and Sons on credit $2,300. Sold some of the equipment for $200 cash. Paid amount owing to Dream Ltd $1,840 by cheque. Took $130 out of the bank account and added to the cash account. F. Brown lent us $4,000, giving us the money by cheque (bank). Invested $1,000 money in the bank as capitalStep by Step Solution
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