English, 15.08.2021 14:30 elishaheart21

Nicola Burt started her own business on 1 August. The following is a list of her transactions in that month:
Aug 1 Started business with £3,850 of her own cash
2 Paid 13,500 of this opening cash into a business bank account
4 Bought goods for resale on time, [414 from D. Bellini.
5 Bought machinery, paying by bank transfer £2,500.
7 Bought goods for resale, paying cash £323
10 Sold goods on time, £595 to J. Adams.
11 N. Burt took goods from inventory for her own use, cost £98.
12 Returned goods (to the value of £70) to D. Bellini
19 Sold goods for cash, 1328.
22 Bought computer equipment on time from TVC Ltd, £1,450.
24 Received loan from G. Plover, £2,000 cheque, repayable in 10 years,
29 Made a payment to D. Bellini, £180 cheque,
30 Paid wages £530 to employee by bank transfer.
31 Paid TVC Ltd in full by cheque £1,450.
om
Required
(a) Enter the transactions in T-accounts and balance-off your accounts as at 31 August.
(b) Prepare a trial balance as at 31 August

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Nicola Burt started her own business on 1 August. The following is a list of her transactions in...

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