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A & M 2.4: Joe conday 1-Mar Put 20,000 into new bank account 20,000 2-Mar Bought fixtures and fittings for 6,000 cash 6,000 Bought inventories
A & M 2.4: Joe conday 1-Mar Put 20,000 into new bank account 20,000 2-Mar Bought fixtures and fittings for 6,000 cash 6,000 Bought inventories of 8,000 on credit 8,000 3-Mar Borrowed 5,000 cash from a relative 5,000 4-Mar Bought a car for 7,000 cash 7,000 Withdrew 200 cash 200 5-Mar Bought another car for $9,000 9,000 Part exchange of 6,500 6,500 Balance of 2,500 paid in cash 2,500 6-Mar Won 2,000 in a lottery 2,000 repaid 1,000 in borrowings 1,000 Draw up a statement of financial position for the business at the end of each day
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