2.14A Complete the following table:

\begin{tabular}{|c|c|c|c|}
\hline
(a) & Bought trailer for cash. & \begin{tabular}{l} Account to \\ be debited \end{tabular} & \begin{tabular}{l} Account to \\ be credited \end{tabular} \\
\hline
(b) & Paid creditor, J. Tough, by cheque. & & \\
\hline
(c) & Repaid W. Small's loan by cash. & & \\
\hline
(d) & Sold trailer for cash. & & \\
\hline
(e) & \begin{tabular}{l} Bought office equipment on time from Dexter Ltd. \\ It will be paid later. \end{tabular} & & \\
\hline
(f) & A debtor, T. Walls, pays us by cash. & & \\
\hline
(g) & A debtor, L. Tait, pays us by cheque. & & \\
\hline
(h) & Proprietor puts a further amount into the business by cheque. & & \\
\hline
(i) & A loan of \$2650 in cash is received from F. Burns. & & \\
\hline
\end{tabular}

(i) Paid a creditor, J. Fife, by cash.

Let's fill in the table with each transaction and the corresponding accounts to be debited and credited.

| (a) | Bought trailer for cash. | Trailer Account | Cash Account |
|-----|---------------------------------------------------------------------------------|----------------------------------|--------------------------------------|
| (b) | Paid creditor, J. Tough, by cheque. | Creditor Account (J. Tough) | Bank Account |
| (c) | Repaid W. Small's loan by cash. | Loan Account (W. Small) | Cash Account |
| (d) | Sold trailer for cash. | Cash Account | Trailer Account |
| (e) | Bought office equipment on time from Dexter Ltd. It will be paid later. | Office Equipment Account | Creditor Account (Dexter Ltd.) |
| (f) | A debtor, T. Walls, pays us by cash. | Cash Account | Debtor Account (T. Walls) |
| (g) | A debtor, L. Tait, pays us by cheque. | Bank Account | Debtor Account (L. Tait) |
| (h) | Proprietor puts a further amount into the business by cheque. | Bank Account | Capital Account |
| (i) | A loan of [tex]$2650 in cash is received from F. Burns. | Cash Account | Loan Account (F. Burns) | | | Paid a creditor, J. Fife, by cash. | Creditor Account (J. Fife) | Cash Account | Summary of entries: (a) Bought trailer for cash. - Debit: Trailer Account - Credit: Cash Account (b) Paid creditor, J. Tough, by cheque. - Debit: Creditor Account (J. Tough) - Credit: Bank Account (c) Repaid W. Small's loan by cash. - Debit: Loan Account (W. Small) - Credit: Cash Account (d) Sold trailer for cash. - Debit: Cash Account - Credit: Trailer Account (e) Bought office equipment on time from Dexter Ltd. It will be paid later. - Debit: Office Equipment Account - Credit: Creditor Account (Dexter Ltd.) (f) A debtor, T. Walls, pays us by cash. - Debit: Cash Account - Credit: Debtor Account (T. Walls) (g) A debtor, L. Tait, pays us by cheque. - Debit: Bank Account - Credit: Debtor Account (L. Tait) (h) Proprietor puts a further amount into the business by cheque. - Debit: Bank Account - Credit: Capital Account (i) A loan of $[/tex]2650 in cash is received from F. Burns.
- Debit: Cash Account
- Credit: Loan Account (F. Burns)

Paid a creditor, J. Fife, by cash.
- Debit: Creditor Account (J. Fife)
- Credit: Cash Account