TRANSACTIONS (FIRST MONTH): 1. Ms. Nash invested money worth $1,000,000 to start up his BAKERY business. 2. We rented a shop to start a small bakery business and paid in cash in advance for six (6) months. - $10,000/month. 3. We renovated the shop on a cash basis. - $20,000. 4. We bought plastic tables, chairs and cabinets on a cash basis. - $20,000 5. We bought equipment to be used for the office and bakery using credit card. - $20,000 6. Leased a van to deliver our goods all around town and paid on a cash basis in advance for six (6) months. - $10,000/month TRANSACTION VALUE RECEIVED ACCOUNT ELEMENT AMOUNT TITLE VALUE PARTED ACCOUNT ELEMENT AMOUNT TITLE 1 2 3 4 5 6 TRANSACTIONS (SECOND MONTH): GIVE AT LEAST 10 BUSINESS TRANSACTIONS WITH ACCURATE RECORDING OF VALUE RECEIVED AND VALUE PARTED TO BE PRESENTED BY THE SECOND MONTH. 1. Four (4) of our customers promised to pay us last month, paid today. - $600 2. Bought replacement baking supplies for our broken equipment on a cash basis. - $5,000 3. Paid the salaries of our 3 workers on a cash basis. - $3,000 4. Bought more supplies to restock our supply inventory using credit card. - $10,000 5. Bought signs and posters to advertise on a cash basis for our shop and products. - $1,000 6. We also purchased all sorts of repair equipment to fix something broken on a cash basis. - $10,000 7. LACKING 8. LACKING 9. LACKING 10. LACKING TRANSACTION VALUE RECEIVED ACCOUNT ELEMENT AMOUNT TITLE VALUE PARTED ACCOUNT ELEMENT AMOUNT TITLE 1 2 3 4 5 6 7 8 9 10