Tesla Inc.
Enter the following transactions in the appropriate accounts:
20X2
Sep 1 Started business with $195,000 cash.
Sep 2 Paid $175,500 of the opening cash into the bank.
Sep 4 Bought goods on credit $18,500 from G. Morgan.
Sep 5 Bought a truck by cheque $78,000.
Sep 7 Bought goods for cash $9,200.
Sep 10 Sold goods on credit $19,000 to K. Bailey.
Sep 12 Returned goods to G. Morgan $4,000.
Sep 19 Sold goods for cash $6,800.
Sep 22 Bought office furniture on credit from Best Buy $20,000.
Sep 24 M. Parker lent us $18,500 paying us the money by cheque.
Sep 29 We paid G. Morgan his account by cheque $17,500.
Sep 31 We paid Best Buy by cheque $20,000.