Question
The following are the business transactions of Andrew King for the month of October 20-9: 1 Oct Started in business with capital of 7,500 in
The following are the business transactions of Andrew King for the month of October 20-9: 1 Oct Started in business with capital of 7,500 in the bank 4 Oct Bought a machine for 4,000, paying by cheque 6 Oct Bought office equipment for 2,250, paying by cheque 11 Oct Paid rent 400, by cheque 12 Oct Obtained a loan of 1,500 from a friend, Tina Richards, and paid her cheque into the bank 15 Oct Paid wages 500, by cheque 18 Oct Commission received 200, by cheque 20 Oct Drawings 250, by cheque 25 Oct Paid wages 450, by cheque You are to: (a) write up Andrew King's bank account (b) complete the double-entry book-keeping transactions
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