Fundamentals of accounting

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Fundamentals of accounting assignment

Write up assets, capital and liability accounts in the books of D. Gough to record the following transactions:

June 1- Started business with $16,000 in the bank

June 2- bought van paying by cheque $6,400.

June 5- bought office fixtures $ 900 on credit from old ltd.

June 8- bought van on credit from carton cars ltd $ 7,100

June 12- took $ 180 out of the bank and put it into cash till

June 15- bought office fixtures paying by cash $120

June 19- paid carton cars ltd a cheque for $7,100

June 21- a loan of $ 500 cash is received from B.berry

Reference no: EM1379350

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