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Transaction List 1 Capital $10,000 Purchased goods from Courts by cheque $5,000 Sold goods for $500 cash Purchased goods from C.Walters $250 Purchased goods on

Transaction List 1 Capital $10,000

Purchased goods from Courts by cheque $5,000

Sold goods for $500

cash Purchased goods from C.Walters $250

Purchased goods on credit from Beauty Wise $1,568

Added $1,500 to capital

Prepaid 1 month electricity $255

Sold goods to A.Viville $500

Paid Beauty Wise $1000 by cheque

Bought goods on credit from K.Williams $346

Goods returned A.Viville $150

Purchased goods from C.Walters $700

Create an Income statement, T-account, and a balance sheet for the transaction list above.

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