Question
Intel Corporation Enter the following transactions in the appropriate accounts: 20X4 Sep 1 Started business with $135,000 cash. Sep 2 Paid $121,500 of the opening
Intel Corporation
Enter the following transactions in the appropriate accounts:
20X4
Sep 1 Started business with $135,000 cash.
Sep 2 Paid $121,500 of the opening cash into the bank.
Sep 4 Bought goods on credit $12,500 from J. Green.
Sep 5 Bought a truck by cheque $54,000.
Sep 7 Bought goods for cash $6,200.
Sep 10 Sold goods on credit $13,000 to C. Thompson.
Sep 12 Returned goods to J. Green $2,700.
Sep 19 Sold goods for cash $4,400.
Sep 22 Bought office equipment on credit from Staples $14,000.
Sep 24 G. Baker lent us $12,500 paying us the money by cheque.
Sep 29 We paid J. Green his account by cheque $11,500.
Sep 31 We paid Staples by cheque $14,000.
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