FINANCIAL ACCOUNTING 1-TRIAL BALANCE

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The following transactions took place during the month of May:

2003     

May 1           started firm with capital in cash of £250.

“ 2           Bought goods on credit from the following persons:

                R Kelly £54; PcombS £87;        

         -           J Role £25; D Mobile £76; I. Sims £64.

“      4          Sold goods on credit to:  C Blanes £43; B Long £62; F Skin £176.

“      6          Paid rent by cash £12.

“      9          C Blanes paid us his account by cheque £43.

“      10        F Skin paid us £150 by cheque.

“      12        We paid the following by cheque: J Role £25; R Kelley £54.

“      15        Paid carriage by cash £23.

“      18        Bought goods on credit from P Combs £43; Mobile £110.

“      21        Sold goods on credit to B Long £67.

“      31        Paid rent by cheque £18.

Write up the following transactions and trial balance.