1. On 1 December, Chloe Davis started a new business. During December she carried out the following transactions:

1 December: Deposited €26,000 in a newly-opened business bank account.

2 December: Bought electronics for €5,500 cash and inventories €7,000 on credit.

3 December: Borrowed €4,000 from a relative and deposited it in the bank.

4 December: Bought a bicycle for €8,000 cash and withdrew €250 in cash for her own use.

5 December: Bought additional electronics costing €11,000. The bicycle bought on 4 December was given in part exchange at a value of €6,000. The balance of the purchase price for the new electronics was paid in cash.

6 December: Davis received an award of €3,000 and paid the amount into the business bank account. She also repaid €1,000 of the borrowings.

Required:

Draw up a financial summary for the business at the end of each day.