Intel Corporation
Enter the following transactions in the appropriate accounts:
20X4
Jul 1 Started business with $185,000 cash.
Jul 2 Paid $166,500 of the opening cash into the bank.
Jul 4 Bought goods on credit $17,500 from D. Scott.
Jul 5 Bought a truck by cheque $74,000.
Jul 7 Bought goods for cash $8,800.
Jul 10 Sold goods on credit $18,000 to S. Green.
Jul 12 Returned goods to D. Scott $3,800.
Jul 19 Sold goods for cash $6,400.
Jul 22 Bought office supplies on credit from OfficeMax $19,000.
Jul 24 L. Bell lent us $17,500 paying us the money by cheque.
Jul 29 We paid D. Scott his account by cheque $16,500.
Jul 31 We paid OfficeMax by cheque $19,000.