1. On 1 July, Mia Harris started a new business. During July she carried out the following transactions:

1 July: Deposited €23,000 in a newly-opened business bank account.

2 July: Bought office supplies for €5,000 cash and inventories €6,500 on credit.

3 July: Borrowed €4,500 from a relative and deposited it in the bank.

4 July: Bought a motorbike for €9,000 cash and withdrew €300 in cash for her own use.

5 July: Bought additional office supplies costing €10,500. The motorbike bought on 4 July was given in part exchange at a value of €7,000. The balance of the purchase price for the new supplies was paid in cash.

6 July: Harris won €2,500 in a lottery and paid the amount into the business bank account. She also repaid €1,500 of the borrowings.

Required:

Draw up a financial performance summary for the business at the end of July.