Introducing Capital

So Tom has just started Toms Toys. He has opened a bank account but can't buy anything yet because he doesn't have any money in it!

Tom decides to pay in £1,000 of his own money. He does this on 01/01/2013.

We do the following.

It's that simple! The bank account now has a balance of £1,000 ready for Tom to make some payments to get himself up and running.