Question
Tesla Inc. Enter the following transactions in the appropriate accounts: 20X6 Feb 1 Started business with $160,000 cash. Feb 2 Paid $144,000 of the opening
Tesla Inc.
Enter the following transactions in the appropriate accounts:
20X6
Feb 1 Started business with $160,000 cash.
Feb 2 Paid $144,000 of the opening cash into the bank.
Feb 4 Bought goods on credit $15,000 from R. Thomas.
Feb 5 Bought a van by cheque $64,000.
Feb 7 Bought goods for cash $7,500.
Feb 10 Sold goods on credit $15,500 to C. Campbell.
Feb 12 Returned goods to R. Thomas $3,300.
Feb 19 Sold goods for cash $5,400.
Feb 22 Bought office equipment on credit from Staples $16,500.
Feb 24 D. Cooper lent us $15,000 paying us the money by cheque.
Feb 29 We paid R. Thomas his account by cheque $14,000.
Feb 31 We paid Staples by cheque $16,500.
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