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b. Purchased assets for cash 25,000 c. Sold assets of 10,000 for 12,000 d. Sold assets of 5,000 for 4,000 e. Goods destroyed by fire
b. Purchased assets for cash 25,000 c. Sold assets of 10,000 for 12,000 d. Sold assets of 5,000 for 4,000 e. Goods destroyed by fire 1,000 f. Withdrew cash for personal use 5,000 g. Rent outstanding 5,000 h. Insurance paid in advance 400 i. Interest on loan allowed 6,000 j. Depreciation on Furniture 2,500
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