Tesla Inc.
Enter the following transactions in the appropriate accounts:
20X1
Aug 1 Started business with $250,000 cash.
Aug 2 Paid $225,000 of the opening cash into the bank.
Aug 4 Bought goods on credit $24,000 from R. Green.
Aug 5 Bought a van by cheque $100,000.
Aug 7 Bought goods for cash $12,000.
Aug 10 Sold goods on credit $24,500 to M. Lewis.
Aug 12 Returned goods to R. Green $5,100.
Aug 19 Sold goods for cash $9,000.
Aug 22 Bought office supplies on credit from OfficeMax $25,500.
Aug 24 P. Hernandez lent us $24,000 paying us the money by cheque.
Aug 29 We paid R. Green his account by cheque $23,000.
Aug 31 We paid OfficeMax by cheque $25,500.