O Walker Ltd.
Initial Financial Position (30 November 2016):

• Creditors: £5,100
• Equipment: £12,200
• Motor vehicle: £6,700
• Stock of goods: £6,300
• Debtors: £6,000
• Cash at bank: £7,800
• Cash in hand: £40

The capital at that date is to be deduced by you.
During the first week of December 2016:
(a) Walker bought extra equipment on credit for £1,300.
(b) Walker bought extra stock by cheque £620.
(c) Walker paid creditors by cheque £870.
(d) Debtors paid Walker £810 by cheque and £80 by cash.
(e) Walker put in an extra £290 cash as capital.
You are to draw up a balance sheet as on 7 December 2016 after the above transactions have been completed.