A small meat processing plant starts its business, the owner (butcher) purchased

machines of 300,000 in value and equipment of 50,000. He rented the facilities

and purchased a delivery van of 60,000 in value. He received funds to start the

business in the amount of 40,000 and a bank loan in the amount of 100,000. The

rest of the assets were financed from his own money, leaving only 10,000 in the

bank account. He hired two people a driver and a butcher, then he started his

business.

1) he purchased raw materials of 10,000 (VAT invoice, RM),

2) he paid for raw materials (BS),

3) he sold finished and non-finished goods 70,000 (VAT invoice),

4) he issued goods 50.000 (GO),

5) he received payment into bank account (BS),

6) he calculated payroll 8,000,

7) he transferred payroll to employee bank accounts,

8) he took 2,000 from cash-on-hand,

9) he purchased the petrol for the van 500 (cash payment),

10) he purchased packaging 300 (cash payment),

11) he purchased raw materials 30,000 (BS),

12) he sold the goods to shops 60,000,

13) he issued goods 40.000 (GO).

	Draw up the opening balance sheet, record the operations, close the accounts,
	establish the result of the activity and draw up the closing balance sweet.