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Write up the following transactions in the T accounts:
March
1
Started the business with
£34,000
in the bank.
3
Bought
IT Equipment
Paying by cheque costing
£2,300
4
Bought
Van
£8,000
on credit from
Hargreaves
9
Bought
£3,500
on credit from
PC World
13
Took
£5,000
out of the bank and put it in the cash till.
17
Bought
£2,400
paying in cash.
20
Paid
£2,300
by cheque.
22
A loan of
£1,200
in cash is received from
L Sharkie
27
Paid
£760
of the cash into the business bank account.
29
Bought
£1,300
paying by cheque.
Capital
March
£
March
£
Bank
March
£
March
£
Cash
March
£
March
£
Van
March
£
March
£
Hargreaves
March
£
March
£
L Sharkie
March
£
March
£
IT Equipment
March
£
March
£
PC World
March
£
March
£
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