Do a balance sheet using the following information or transactions. 400,000
Transactions from MobilX Business, between 1 June and 30 June, 20XX:
1 June, 20XX Invests capital
Stocks various mobiles worth
Cash paid for the above mobiles
Bank loan
C
300,000
300,000
200,000
Buys supplies worth
Ca
Cash paid for the above supplies (rest to be paid on 30 June, 2015)
Advance payment for shop
150,000
100,000
100,000
15 June, 20XX Sales income
65,000
Mobiles sold to earn the above income
Provides services worth
40,000
Cash received for the above services (rest to be received on 30 June, 2015)
64,000
39,500
30 June, 20XX Sales income
( Mobiles sold to earn the above income
70,000
Mobiles sold to earn the above income
42,000
[
Salaries to be paid, but not paid
Provides services worth
Cash received for the above services (rest to be received on 15 July, 20XX)
30,000
72,000
30,000
Pays shop rent
50,000​