Monaro Motors Cash and credit sales in the General Ledger Aug. Capital contribution of $10 000 stock (agreed value) and $30 000 cash 1 2. Purchased prem ises worth $150 000 paying a $10 000 cash...

Extracted text: Monaro Motors Cash and credit sales in the General Ledger Aug. Capital contribution of $10 000 stock (agreed value) and $30 000 cash 1 2. Purchased prem ises worth $150 000 paying a $10 000 cash deposit with the balance funded by a mortgage from QV Bank 3. Cash sale of parts for $400 (cost price $200) Paid $2 500 cash to Wilson Fittings for shelving Purchased stock on credit from HolFord Parts for $2 600 Sold parts on credit to Lemon Rentals for $900 (cost price $450) Paid wages of apprentice $600 4. 8. Kim Swood took home stock worth $1 500 Received $500 cash from Lemon Rentals e Sales (R) Cross-reference Amount Date Cross-reference Amount Date Cost of Sales (E) sti Amount Date Cross-reference Amount Date Cross-reference Shelving (A) Date Cross-reference Cross-reference Amount Date Amount Accounts Payable (L) Amount Date Date Cross-reference Cross-reference Amount Accounts Receivable (A) Amount Cross-reference Date Cross-reference Amount Date Wages (E) Date Date Cross-reference Amount Cross-reference Amount ORTH Drawings (Oe) Date Cross-reference Amount Date Cross-reference Amount Santo IVH POLE LET IT