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May
1
Start business with
£35,000
in cash
2
Bought goods on credit
£2,300
Abe Books
3
Sold goods on credit
£560
S White
7
Payment for
rent
£750
in cash
10
Commission received
£250
in cash
21
Bought a delivery van
£4,100
on credit from
Hargreaves
24
Paid Motor Expenses
£120
27
Paid Insurance
£1,350
in cash
30
Paid Electricity Bill
£350
in cash
31
Paid Wages
£1,800
in cash.
Capital
£
£
Cash
£
£
£
£
£
£
Van
£
£
Insurance
£
£
Wages
£
£
Purchases
May
£
£
£
£
Sales
£
£
£
£
£
£
Motor Expenses
£
£
Electricity
£
£
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