You start Egham Ltd a printing firm with 20,000 of your own money and a bank loan of 10,000 for which the statement of financial position is as shown:

Assets ()	Claims ()
Cash 30,000	Owners Funds 20,000 Bank loan 10,000

Total Assets: 30,000 Total Claims: 30,000

Utilize the balance sheet format shown below to illustrate Egham Ltd.'s statement of financial position after each of the following business transactions:

1. You buy a 3-D printer costing 18,000
2. You gain cash of 7,000
3. Inventory of 5,000 is purchased on credit
4. Half the inventory is sold on credit for 4,000
5. The firm pays 1,200 for staff & utilities

Assets ()	Claims ()
Fixed Asset Inventory Receivables Cash	Owners Funds Profit Bank loan Payables

Total Assets: Total Claims:

Hint: In each case identify which items increase & which items decrease in value

Remember the Balance Sheet should balance (Total Assets on left = Total Claims on right)