Istanbuls Stone Bar opened on 1st December and the following transactions occurred in its first months of business. Record the transactions in appropriately headed T-accounts for the Istanbuls Stone Bars manager.

a) Owner invested $5,000 in a newly opened bank account for the pub.

b) Purchased $3000 of EFES Pilsner on account.

c) Paid cash $450 for a delivery of potato crisps and salted peanuts.

d) Purchased a cash register for $1,000 on credit.

e) Banked the first weeks bar takings of $550.

f) Determined that the cost of EFES sold in the first month was 250.

a)	Bank			Owners Equity

b)	Beer inventory			Accounts Payable

c)	Bar snacks inventory			Cash

d)	Equipment			Accounts Payable

e)	Bank			Revenue

f)	Cost of sales			Beer inventory