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Write up the asset, capital and liability accounts in the books of P. Hammer to record the following transactions. You'd need to create several separate

Write up the asset, capital and liability accounts in the books of P. Hammer to record the following transactions. You'd need to create several separate T-accounts and fill them with numbers. See Hint 1 in the next sheet.
Date Description Amount ()
November 2021
1 Started business with money in the bank. 16,150
3 Bought a lorry paying by cheque. 6,300
6 Bought office furniture on credit from Hamilton Ltd. 970
8 Bought lorry on credit from Carton & Cars Ltd. 7,170
9 Took cash out of bank and put it into the cash till. 230
13 Bought office furniture paying by cash. 170
19 Paid Carton & Cars Ltd a cheque. 7,170
21 A loan is received from B. Magnum in cash. 700
27 Paid cash in hand into the bank account. 470
30 Bought more office furniture paying by checque. 730

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