Verizon Communications
Enter the following transactions in the appropriate accounts:
20X4
Nov 1 Started business with $85,000 cash.
Nov 2 Paid $76,500 of the opening cash into the bank.
Nov 4 Bought goods on credit $7,500 from C. Hall.
Nov 5 Bought a truck by cheque $34,000.
Nov 7 Bought goods for cash $3,800.
Nov 10 Sold goods on credit $8,000 to K. Ross.
Nov 12 Returned goods to C. Hall $1,700.
Nov 19 Sold goods for cash $2,400.
Nov 22 Bought office equipment on credit from OfficeMax $9,000.
Nov 24 M. King lent us $7,500 paying us the money by cheque.
Nov 29 We paid C. Hall his account by cheque $6,500.
Nov 31 We paid OfficeMax by cheque $9,000.