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In its first month of business Solar Panels Pty Ltd, a solar panel manufacturer, had the following selected transactions: Issued shares to an investor for

In its first month of business Solar Panels Pty Ltd, a solar panel manufacturer, had the following selected transactions: Issued shares to an investor for $10,000 in cash. Purchased a new delivery van for $53,000 for use in business. A cash deposit of $8,000 was made and the balance of the cost was on credit by way of a loan from the car dealer. Invoiced customers $2,800 for services performed. Paid creditor $3,400 cash on account. Received $1,500 cash from customers invoiced in transaction (3). Required: Journalise the transactions (narrations not required)

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