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FOPPI is commencing his business: FOPPI Bicycle Service and Repair. Transactions for the first week of operations have been provided. You are required to enter

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FOPPI is commencing his business: FOPPI Bicycle Service and Repair. Transactions for the first week of 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 07/07/20 FOPPI contributes cash to commence business Purchased supplies on credit Purchased tools and equipment, paying cash Paid rent for four weeks Cash service fees received from customers Supplies on hand at end of 30000 3200 7600 800 5600 2200 week FOPPI Bicycle Service and Repair Balance Sheet as at 07/07/20 FOPPI Bicycle Service and Repair Income Statement for week ending 07/07/20 Assets Revenues Liabilities Owners Equity Expenses profit / (loss) Net Cash Flow

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