Complete the ‘T’ accounts for the following examples:

a The owner of the firm introduces capital of £15,000 in cash.

b Goods for re-sale are purchased, by cash, for £6,000.

c The rent bill arrives for the Gym amounting to £3,500.

d New machinery costing £10,000 is purchased for cash.

e Cash sales amount to £21,000.

f The business buys £5,000 of goods for re-sale on credit.

g New vehicles are bought for £30,000. A deposit of £13,000 is paid and the rest is put on credit.