Berkshire Hathaway Inc.
Enter the following transactions in the appropriate accounts:
20X5
Dec 1 Started business with $30,000 cash.
Dec 2 Paid $27,000 of the opening cash into the bank.
Dec 4 Bought goods on credit $2,000 from D. Harris.
Dec 5 Bought a delivery van by cheque $12,000.
Dec 7 Bought goods for cash $1,100.
Dec 10 Sold goods on credit $2,500 to J. White.
Dec 12 Returned goods to D. Harris $500.
Dec 19 Sold goods for cash $700.
Dec 22 Bought office supplies on credit from OfficeMax $3,500.
Dec 24 K. Wilson lent us $2,000 paying us the money by cheque.
Dec 29 We paid D. Harris his account by cheque $1,500.
Dec 31 We paid OfficeMax by cheque $3,500.