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