Apple Inc.
Enter the following transactions in the appropriate accounts:
20X0
Sep 1 Started business with $255,000 cash.
Sep 2 Paid $229,500 of the opening cash into the bank.
Sep 4 Bought goods on credit $24,500 from E. Clark.
Sep 5 Bought a truck by cheque $102,000.
Sep 7 Bought goods for cash $12,200.
Sep 10 Sold goods on credit $25,000 to K. Rodriguez.
Sep 12 Returned goods to E. Clark $5,200.
Sep 19 Sold goods for cash $9,200.
Sep 22 Bought office furniture on credit from Best Buy $26,000.
Sep 24 J. Ramirez lent us $24,500 paying us the money by cheque.
Sep 29 We paid E. Clark his account by cheque $23,500.
Sep 31 We paid Best Buy by cheque $26,000.