Business, 10.06.2021 23:50, scasemere

You are required to open the asset and liability and capital accounts and record the following transactions for July 2008 July 1 Started business with £15,000 in the bank.

July 2 Bought office furniture by cheque £1,200.

July 3 Bought a van paying by cheque £6,010.

July 8 Repaid by cheque a loan owed to F Duff £10,000.

July 10Sold some of the office furniture – not suitable for the business – for £150 on credit to

D Twig & Sons

July 19The owner puts a further £4,000 cash into the business.

July 20 Bought machinery £1,400 on credit from Trees Ltd.

July 25The owner takes out £200 cash for his personal use

July 27Paid the amount owing to Trees Ltd £1,400 by cheque.

July 30Bought more machinery by cheque £650.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, andregijoe41

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Answers: 1

continue

Business, 22.06.2019 11:40, ayoismeisalex

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a. esther lost her job and begins looking for a new one. b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work. c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

Answers: 2

continue

Business, 22.06.2019 18:10, maddihamidou

Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?

Answers: 1

continue

Business, 22.06.2019 19:10, kingjustin0825

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

Answers: 3

continue

Do you know the correct answer?

You are required to open the asset and liability and capital accounts and record the following trans...