a/c問題急

genius1314

a)write up the accounts to record the following transactions for A chiu and then balance off all the accounts at the end

of May 2006:
2006
   May 1  started business with $12,000 cash and a van worth $6,000.
       3  Bought machinery for$16,000 on credit from Ultra Machines.
       6  Received a $50,000 bank loan, which was deposited into the business bank account.
       8  Bought a computer for $25,000 on credit from Global LTd.
       15 Paid Ultra Machiness $10,000 by cheque.
       17 Bought office furniture for $4,000 in cash.
       19 Paid Global Ltd $10,000 by cheque.
       20 Paid Ultra Machines $6,000 in cash.
       23 Returned machinery costing $700 to Ultra Machines, which agreed to give a refund within a month.
       25 Took $5,000 out of the bank and put it in the cash box of the business.
       27 Sold the van for $6,000 in cash.
       30 Paid Global Ltd $15,000 by cheque.


b)State which accounts have a debit balance, credit balance or zero balance as at 31 May 2006



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