(1) On 1 May 2019, B.Black started in business and deposited $60,000 into a bank account opened specially for the business. (2) On 3 May 2019, Black buys a small shop for $32,000, paying by cheque. (3)On 6 May 2019,Black buys some goods for $7,000 from D. Smith, and agree to pay them sometime within the next two weeks. (4On 10 May 2019, goods which cost $600 were sold to J.brown for the same amount, the money to be paid later. 1 On 13 May 2019, goods which cost $400 were sold to D.Daley for the same amount, Daley paid for them immediately. On 15 May 2019,Black pays a cheque for $3,000 to D.Smith in part payment of the amount owing. J.Brown, who owned Blake $600,makes a part payment of $200 by cheque on 31 May cheque on 31 May 2019. Statement of financial position as at 31 May 2019 Assets Shop (2scores) Inventory (3scores) Account receivable (3scores) Cash at bank (3 scores) Total assets (4scores) Less Accounts payable (3scores) Capital (2scores)