Ilustration Record the following transactions in a single column cash book 2005 Jan 1 Started business with $10,000. 2. Purchased furniture forcash $1500. 3. Purchased goods forcash $6000. 6. Sold goods for cash $3,200. 11. Opened bank account $3000. 14. Cash sales $4,100. 18. Paid for stationary $250. 21. Paid rent $300. 26. Received commission 400. 28. Paid to Peter $600. 30. Paid salary S 460. 30. Received cheque for goods sold $500. 31. The cheque of $500 paid into bank Solution Dr. Date Receipts Particulars RN LF Amount Date Payments Particulars IN LI