Cash Flow Statement: Cash inflows are entered as a positive number: (e.g. 2000) Cash outflows are entered as a negative number (e.g. -2000) Balance Sheet: Increases to assets, liabilities or equity items are shown as a positive number (e.g. 2000) Decreases to assets, liabilities or equity items are shown as a negative number (e.g. -2000) Increases to contra asset items are shown as a negative number (e.g. -2000) Decreases to contra asset items are shown as a positive number (e.g. 2000) Income Statement: Revenues or Income items are shown as a positive number (e.g. 2000) Expense items are shown as a negative number (e.g. -2000) A Profit is shown as a positive number (e.g. 2000) A Loss is shown as a negative number (e.g. -2000) Use negative sign but. DO NOT use a thousand separator. For example, the correct way to type "One Thousand" is *1000, not "1,000" or "1.000". Only enter numbers. Do not enter dollar signs ($) in the cells.

For all transactions, please ignore GST and assume that all transactions are in Australian dollars. 1. Jan 1: Amera signed a 2-year lease for a warehouse and office for $2,000 per month to store all their inventory. They have paid one month of rent in advance. 2. Jan 1: Sarah contributed $25,000 cash to the business. 3. Jan 1: The owners purchased a delivery truck for $80,000 through a bank loan over 5 years with an interest rate of 6.7 per cent per annum. Payments are required on the first day of every month, with the first payment due on February 1. 4. Jan 1: A new forklift was purchased on credit for $30,500. The payment is due in 10 equal instalments over the next 10 months, with the first payment due on January 30. 5. Jan 5: An order was placed for 100 gaming chairs at a cost of $75 each and 100 gaming desks at a cost of $110 each was placed with Gaming Accessories Co. Delivery occurred the same day and the total was paid in cash. 6. Jan 6: An order was placed for 25 gaming PCs for $300 each from Alliance Digital. Delivery occurred the same day and the total was paid in cash. 7. Jan 7: Sold 50 chairs for $130 each, 50 desks for $180 each and 15 gaming PCs for $390 each to BBG Games. BB Games has been given 90 days to pay their account and the products will be delivered to them in 7 days. 8. Jan 13: An order was placed for 100 gaming chairs at a cost of $70 each and 100 gaming desks at a cost of $100 each with gaming Accessories Co. Delivery occurred the same day and the total was paid in cash. 9. Jan 13: An order was placed with Alliance Digital for 30 gaming PCs for $269 each. Delivery occurred the same day, and Digital Field Day have 30 days to pay their account. 10. Jan 14: Total commission income received in cash for the fortnight for the online store is $2,540. 11. Jan 14: Total wages for the fortnight were paid $2,900. 12. Jan 14: Delivered goods to BB Games, following the transaction on January 7. 13. Jan 15: Sold 35 chairs for $135 each, 35 desks for $185 each, and 20 gaming PCs for $390 each to Gamers Rise. Delivery occurred the same day. The customer was given 90 days to pay their account. 14. Jan 24: Sold 100 chairs for $125 each, 100 desks for $175 each and 15 gaming PCs for $395 each to the Digital Computer Store. Delivery occurred on the same day. The customer was given 90 days to pay their account. 15. Jan 28: Total commission income received in cash for the fortnight from the online store is $1,920. 16. Jan 28: Total wages for the fortnight were paid $2.900. 17. Jan 30: A payment for the forklift was made (see information from January 1 above). 18. Jan 31: A payment was made for various business expenses incurred on the corporate credit card for the month of January of $1,150.

a. If Digital Field Day did not receive their order from Alliance Digital on January 13, would this change the way the transaction is recorded by the business? Select alternative \" b. If the goods were not received, Digital Field Day Select alternative t H recognise the purchase as an ' Select alternative 6 in their nancial statements. The following transactions relate to Digital Field Day for the month of February. From the perspective of Digital Field Day, classify these transactions to reflect the accrual accounting implications. There are five accrual accounting categories shown. Each category can be used more than once as an answer fo the individual transactions. Please match the values: Accumulated Accrued Accrued Unearned deprecation Revenue Expense revenue Prepayment Paid cash on February 1 to cover the O O O O rent for the next 6 months. Received an electricity bill for previous O O O O O usage with payment to occur in the future. A customer has prepaid cash for a O O O O O purchase of inventory and delivery of goods will occur in 10 days. A customer has purchased inventory O O O O O on credit for terms of 90 days.On 1 February, Digital Field Day have read in the media that the Digital Computer Store may be experiencing cash ow issues and may be unable to pay their account off in time. They have decided to make an allowance for uncollectable debts in February. They anticipate that they will not be able to collect 2.5 per cent of their total January credit sales. . What will the net balance of accounts receivable be as at February 1? Round your answer to the nearest whole dollar. DO NOT use a thousand separator. For example, the correct way to type \"One Thousand\" is \"1000\