consider the impact of each of the following transactions on the financial statements. Briefly describe the impact (if any) of each transaction and event on the statement of financial performance and/or the statement of financial position If you wish, use a table below in order to record each of the following transactions and events? for the month September 2017

7 Sep 2017 Enviro Flo paid staff wages of $16,000 9 Sep 2017 Enviro Flo purchased $7,000 of materials to manufacture their new voice assistant device. Payment is not due for 8 days. 14 Sep 2017 A staff member resigned from Enviro Flo in order to take up another job opportunity overseas. Her final day will be on 21 Sep 2017. Sue and Jon decided that they will need to replace the staff member and so expect to hire a new staff member as soon as possible, prior to the busy Christmas trade season. The prior employee was on a salary of $45,000 per year, and the same salary will be offered. 15 Sep 2017 Enviro Flo made a sale of numerous sensors for the amount of $2,000 to one of its retail partners. This customer is required to make payment in 14 days. 16 Sep 2017 Enviro Flo made a payment of $2,000 related to materials purchased on 4 Sep 2017. 20 Sep 2017 Sue has discovered that the retail stores they have partnered with have been stating that the home kit will "100% guarantee to lower energy costs by more than half. This is incorrect (energy savings vary, with tests showing a range of 10-20% savings) and at this stage it is unclear if any complaints have been lodged. Re-training has been deployed for all retail partners. 21 Sep 2017 After the aforementioned information about the actual savings was revised, 3 retail stores that Enviro Flo had partnered with have decided to withdraw from stocking their products. These lost future sales are expected to be $25,000 per year. 23 Sep 2017 Enviro Flo was running low on cash so took out a bank overdraft of $6,500 in order to pay the office rent for the month. 25 Sep 2017 Sue decided to cease using one of their offshore CPU suppliers after learning that the supplier was not providing safe working conditions for their staff. It had been reported in local media that 3 staff were seriously injured in the past month. Furthermore, the supplier had claimed to be disposing of any harmful chemicals used in production in a safe manner, but it turned out that they had not been disposing the chemicals correctly. As a result, Enviro Flo had unknowingly released toxic waste into a nearby waterway at this particular factory. In addition, Enviro Flo had been providing mis-information to their customers. The website states that their products are made in an efficient manner and all waste produced is disposed of in a correct manner. Some media outlets have picked up the story. 28 Sep 2017 Enviro Flo received $2,000 from the sale made on the 15 Sep 2017. They used all of this money to partially pay back their bank overdraft