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Enter the following transactions in the relevant accounts of the books of Lumber Jack. Feb 1, 2016 Started in business with $11,000 in the bank
Enter the following transactions in the relevant accounts of the books of Lumber Jack. Feb 1, 2016 Started in business with $11,000 in the bank and $1,600 cash. Feb 2, 2016 Bought goods on credit: J.Biggs $830, D.Martin $610, P.Lot $590 Feb 3, 2016 Bought goods for cash $370 Feb 4, 2016 Paid rent in cash $75 Feb 5, 2016 Bought stationery paying by cheque $62. Feb 6, 2016 Sold goods on credit: D.Twigg $370, B.Hogan $290, K.Fletcher $410 Feb 7, 2016 Paid wages in cash $160. Feb 10, 2016 We returned goods to D. Martin $195. Feb 11, 2016 Paid rent in cash $75. Feb 13, 2016 B. Hogan returns goods to us $35 Feb 15, 2016
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