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TWO-(I4 marks) Generation Meats is a butcher shop owned and operated by Clara Pietr On 1 May 2015 she presented the following information : Cash

TWO-(I4 marks) Generation Meats is a butcher shop owned and operated by Clara Pietr On 1 May 2015 she presented the following information : Cash balance brought forward $ 475 Bank balance brought forward $2,890 During the month of May the following transactions occurred : May 2 Tasteful Restaurant bought fish on credit worth $900, less a 10 per cent discoun May 3 Sold $145 worth of lamb for cash May 5 Paid $510 for electricity by cheque . May Paid shop assistant $580 cash for wages. May 9 Ms Pietr cashed a business cheque for 1 360, from which she paid a $360 wate for her home. The balance remained in her cash till

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