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Write up the asset, capital and liability accounts in the books of D. Gough to record the following transactions: 1 Started business with 16,000 in
Write up the asset, capital and liability accounts in the books of D. Gough to record the following transactions: 1 Started business with 16,000 in the bank. 2 Bought van paying by cheque 6,400. 5 Bought office fixtures 900 on time from Old Ltd. 8 Bought van on time from Carton Cars Ltd 7,100. 12 Took 180 out of the bank and put it into the cash till. 15 Bought office fixtures paying by cash 120. 19 Paid Carton Cars Ltd by Internet transfer from the bank account. 21 A loan of f500 cash is received from B. Berry. 25 Paid \pm 400 of the cash in hand into the bank account. 30 Bought more office fixtures paying with the business debit card 480
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