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journal entries Question 3 Prepare an accounting equation for D Gough from the following transactions: 2019 March 1 Started business with $16,000 in the bank.
journal entries
Question 3 Prepare an accounting equation for D Gough from the following transactions: 2019 March 1 Started business with $16,000 in the bank. March 2 Bought van paying by cheque $6,400. March 5 Bought office fixtures $900 on credit from Old Ltd. March 8 Bought van on credit from Carton Cars Ltd $7,100. March 12 Took $180 out of the bank and put it into the cash till. March 15 Bought office fixtures paying by cash $120. March 19 Paid Carton Cars Ltd a cheque for $7,100. March 21 A loan of $500 cash is received from B Berry. March 25 Paid $400 of the cash in hand into the bank account. March 30 Bought more office fixtures paying by cheque $480Step by Step Solution
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