4.1 Enter the following transactions, completing the double entry in the books August: August 1 Started in business with £31,000 in the bank and £4,000 in cash. 2 Purchased goods £1,160 on time from A. Cliff. 13 Bought fixtures and fittings £4,600 paying by cheque. 5 Sold goods for cash £600. 6 Bought goods on time £1,300 from S. Bell. 10 Paid rent by cash £800. 12 Bought stationery £180, paying in cash. 18 Goods returned to A. Cliff £164. £ 21 Received rent of £480 by cheque for sublet of corner space. 23 Sold goods on time to R. Coat for £3,200. 24 Bought a van paying by cheque £16,400. 30 Paid the month's wages by cash £1,220. 31 The proprietor took cash for her own personal use £1,020.
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