Business, 09.02.2021 18:50 isaaccott013

Enter the following transactions in the respective ledgers, balance off (or transfer/close) the accounts and extract a Trial Balance. 2017 July 1 July 2 July 3 July 4 July 5 July 7 July 8 July 10 July 11 July 14 July 17 July 20 July 21 July 23 July 25 July 28 July 31
Mr. Green started business with $8,000 in the bank Bought stationery by cheque $30
Bought goods on credit from I. Walsh $900
Sold goods for cash $180
Paid insurance by cash $40
Bought machinery on credit from H. Morgan $500
Paid for machinery expenses by cheque $50
Sold goods on credit to D. Small $320
Returned goods to I. Walsh $70
Paid wages in cash $70
Paid rent by cheque $100
Received cheque $200 from D. Small
Paid H. Morgan by cheque $500
Bought stationery on credit from Express Ltd $80
Sold goods on credit to N. Thomas $230
Received rent $20 in cash for part of the premises sublet Paid Express Ltd by cheque $80

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