


The following occurs all in cash:
|
Date
|
Description of transaction
|
Amount
|
| 1-5 | Purchase stock | $2000 |
| 3-15 | Make sale | $3000 |
| 4-10 | Receive a loan | $10000 |
| 6-20 | Purchase a van | $9000 |
| 7-15 | Pay electricity bill | $400 |
Try to solve this example on your own and then move on to the next slide to check your work.