Chevron Corporation
Enter the following transactions in the appropriate accounts:
20X1
Dec 1 Started business with $150,000 cash.
Dec 2 Paid $135,000 of the opening cash into the bank.
Dec 4 Bought goods on credit $14,000 from Q. White.
Dec 5 Bought a van by cheque $60,000.
Dec 7 Bought goods for cash $7,000.
Dec 10 Sold goods on credit $14,500 to D. Roberts.
Dec 12 Returned goods to Q. White $3,000.
Dec 19 Sold goods for cash $5,000.
Dec 22 Bought office equipment on credit from Staples $15,500.
Dec 24 S. Martinez lent us $14,000 paying us the money by cheque.
Dec 29 We paid Q. White his account by cheque $13,000.
Dec 31 We paid Staples by cheque $15,500.