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Write up the accounts to record the following transactions:

May

1 Started business with £1,500 cash and £18,000 in the bank.

2 Received a loan of £4,000 from T. Fox by cheque.

3 Bought a computer for cash £1,200.

5 Bought display stands on time from Drop Ltd £840.

8 Took £400 out of the bank and put it in the cash till.

15 Repaid part of Fox's loan using the business debit card £1,000.

17 Paid amount owing to Drop Ltd £840 by Internet transfer from the bank account.

24 Repaid part of Fox's loan by cash £500.

31 Bought a colour laser printer on time from P. Blake for £400.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92195184

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