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Boris is commencing his Confectionary Store: Sweet as Anything. Transactions for the first week of the businesses operations have been provided. You are required to
Boris is commencing his Confectionary Store: Sweet as Anything. Transactions for the first week of the businesses operations have been provided. You are required to enter the numbers to Complete the Balance Sheet for the end of the week Complete the Income Statement for the period Provide the Net Cash Flow (NCF) figure for the period. Do not use $ signs spaces, commas or decimals when entering the number. If the number is negative, then indicate this by placing a minus sign before the number e.g. -1000 TRANSACTIONS/EVENTS for week ending 08/08/20 Purchased inventory on credit 32000 Boris withdrew money from the business 2500 Negotiated a long-term loan from the bank 18000 Received invoice for weekly rent of the shop 5000 Boris counts and banks the sales for the week 7400 A stock of inventory reveals there is the balance at the end of the week 29000 Sweet as Anything Sweet as Anything Balance Sheet Income Statement as at 08/08/20 for week ending 08/08/20 $ $ Assets Revenues Liabilities Expenses Owners Equity profit/ (loss) Net Cash Flow
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