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Write up the following transactions in the books of J. Blake for March 2007 2007 March 1 Started in business with $15,000 capital in cash.
Write up the following transactions in the books of J. Blake for March 2007 2007 March 1 Started in business with $15,000 capital in cash. March 2 Paid $14,000 of the cash into a bank account for the business. March 2 Bought goods on credit from J. Paul for $592. March 4 Paid for rent of premises by cash, $250, and bought a motor van for $3,000, paying by cheque. March 5 Bought goods, paying by cheque $2,100. March 9 Sold goods to E. Ford for $323 and received a cheque. March 11 Paid for printing of stationery, $45, by cash. March 14 Cash sales $490. March 18 Goods returned by us to J. Paul, $67. March 19 Bought goods from J. Paul on credit, $720. March 21 Paid for advertising, $60, by cheque. March 24 Sold goods for cash, $500. March 25 Paid the following expenses by cheque: wages $540, motor expenses $110, stationery $82. March 28 Paid J. Paul $1,245 by cheque. March 31 Sold goods for cash $526
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