1. To prepare company balance sheet for the beginning of period: Accounts receivable Trade creditors Cash Bank short term loans Share capital Retained earnings Tax debt Furniture Inventory Received prepayment License 2400 1200 5200 8000 4000 900 2500 7500 1500 400 400 2. To determine, how given transactions change company balance sheet: a) Received long term loan from the bank 3000 b) Factory equipment bought 4000 c) Received debts 2000 d) Part of retained earnings added to share capital e) Tax debt transferred f) Purchased supplies with cash g) Purchased supplies on credit h) Owner invest money in his business i) Bought computer by cash j) Repaid part of short term loan 400 2500 1200 1500 2000 800 3000 3. To prepare company balance sheet for the end of period.