1. Commence business with cash S. 200,000 2. Bought stock for cash $. 80,000. 3. Sold goods on cash of worth $. 25,000. 4. Bought goods on credit AB& CO of worth $. 50,000. 5. Sales on credit to XYZ Ltd S. 12,000. 6. Purchase furniture of the value of $. 5,000 by cash. 7. Received cash form XYZ Ltd of $. 10,000. 8. Withdrew cash $.1,500 from business for personal use. 9. Electricity Bill paid $. 1,500. 10.Paid cash to AB & CO S 30000. (Transaction 4) DATE Assets Equipment Cash Office Supplies + Owner Equity Owner Equity Total Account Receivable Liabilities Accounts Payable Total Assets