You are required to open the asset, liability and capital accounts and record the following transactions for June 2017 in the records of B Mooketsi.

• June 1 Started business with P12,000 in cash
• June 2 Paid 11,700 of the opening cash into a bank account for the business
• June 5 Bought office furniture on credit from EGW for P1,900
• June 8 Bought a van paying by cheque P5,250
• June 12 Bought equipment from KSK Ltd on credit P2,300
• June 18 Sold some of the equipment for P200 cash
• June 26 Paid amount owing to EGW Ltd P1,780 by cheque
• June 28 Took P130 out of bank and added to cash
• Kabo lent us P4,000 - giving us the money by cheque