Required
Prepare:
(i) general journal for the transactions;
(ii) ledger accounts showing descriptions and balances;
(iii) a trial balance;
(iv) a statement of profit or loss (income statement) for the period;
(v) a statement of financial position (balance sheet).


(1) Dasha started business (flower shop) with $5,000 in business bank account
(2) Bought an old van for $3,000 from Petr promising to pay later
(3) Paid cash of $150 for motor expenses
(4) Paid Petr $1,900
(5) Took $300 from the business to pay for living expenses
(1) Received $760 from Dima (a customer) in advance
(2) Made purchases (roses) for $900 cash
(3) Sold all the roses on credit to Dima for $1,250
(4) Paid a utility bill, $300
(5) Received a bill for rent for the current month, $56