accounting worksheet

The following business transactions are related to Baron for his first month of business operations in August 2018: 2018 August 1 Commenced business operations with a RM300,000 cash injection of personal funds 2 Paid monthly rent RM1,500. 4 Purchased office stationery RM2,000 on credit from Stationery Plus San Bhd. Purchased office equipment on credit from Supplies Bhd worth RM10,000. 9 Invoice Mutu for services rendered RM3,000. 13 Mutu paid the amount outstanding. 14 Met with prospective client and negotiated the provision of financial advice for client and family quoting RM5,000. 17 Paid monthly car parking permit RM220. 19 Withdrew cash from business amounted to RM2,000 for personal use. 22 Paid WWW Bhd for monthly internet use RM182 Required: a. Fill up the accounting worksheet below for the month of August 2018 from the above information. Date Cash Accounts Office Creditor Capital Profit and loss August Receivable Equipment 2018 Total b. What is the profit or loss that Baron made for the month of August 2018? What is the cash balance at the end of August 2018