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Jack provides office plants for rent under the business name of Green. He opened her business 1 March 2022. He contributed a computer system valued

Jack provides office plants for rent under the business name of Green. He opened her business 1 March 2022. He contributed a computer system valued at $3,000 and shopfittings of $1 000 and deposited $2,000 cash in a business bank account. Transactions during March were: Mar 4- Took a five-year lease on a nursery site and paid the first 6 months of rent - $3000. 4 -Purchased office supplies for $260 and paid $100 cash in part payment for these supplies. 6 -Cash received for plant rentals - $1350. 6 -Invoiced a customer for plant rentals - $200. 7- Purchased gardening tools for $2 000, paying $400 cash with the balance to be paid later. 8- Cash revenue earned for plant rentals - $850. 11 -Engaged a part time assistant at an agreed wage of $350 per week. 12- Paid petrol $50, postage $10, and electricity bill $230. 13- Cash of $1200 received for plants rentals. 13 -Earned $450 for plant rentals on credit. 14- Paid the balance owing for office supplies purchased on 4 March. 15 -Jack withdrew $100 for her own use. 16- Office supplies purchased for $250 on credit. 17- Cash revenue received $365. 18 -Paid weekly wages to the assistant. 21- Revenue earned for plant rentals: cash $180, on credit $270. 23 -Customer paid $650 of the plant rentals owing on credit. 24 -Petrol expenses paid $35. 25- Paid weekly wages to the assistant. 28- Revenue earned for plant rentals - $490, receiving $100 in cash and the remainder to be paid later. 29- A customer paid $350 in advance for plant rent. The plants will not be delivered until next month. 31- Office supplies remaining $105. Required Complete a Balance Sheet for the month of March 2022 . Details for depreciation are as follows (round to the nearest dollar):

Item Residual -Value -Useful Life Computer System -$1,000 - 5 years Shop fittings - $400 -8 years Tools - $500 - 5 years

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