Facebook Inc.
Enter the following transactions in the appropriate accounts:
20X8
Apr 1 Started business with $170,000 cash.
Apr 2 Paid $153,000 of the opening cash into the bank.
Apr 4 Bought goods on credit $16,000 from S. Lewis.
Apr 5 Bought a van by cheque $68,000.
Apr 7 Bought goods for cash $8,000.
Apr 10 Sold goods on credit $16,500 to H. Parker.
Apr 12 Returned goods to S. Lewis $3,500.
Apr 19 Sold goods for cash $5,800.
Apr 22 Bought office supplies on credit from OfficeMax $17,500.
Apr 24 T. Collins lent us $16,000 paying us the money by cheque.
Apr 29 We paid S. Lewis his account by cheque $15,000.
Apr 31 We paid OfficeMax by cheque $17,500.