Question
June 1 Started business with $16,000 in the bank. June 2 Bought van paying by cheque $6,400. June 5 Bought office fixtures $900 on credit
June 1 Started business with $16,000 in the bank.
June 2 Bought van paying by cheque $6,400.
June 5 Bought office fixtures $900 on credit from Old Ltd.
June 8 Bought van on credit from Carton Cars Ltd $7,100.
June 12 Took $180 out of the bank and put it into the cash till.
June 15 Bought office fixtures paying by cash $120.
June 19 Paid Carton Cars Ltd a cheque for $7,100.
June 21 A loan of $500 cash is received from B Berry.
June 25 Paid $400 of the cash in hand into the bank account.
June 30 Bought more office fixtures paying by cheque $480
Due 6th November, 2020
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
