BA TUTORIAL 2

1. Assets = Liabilities + Owner's Equity

2a. 20,000
2b. 9,000
2c. 95,000

3bi/ii. Tables & Racks/ A
3ci/ii. C Wool Paid/ OE
3di/ii. Money Owed To Manufacturers/ L
3ei/ii. Money Owed By Customers/ A
3fi/ii. Loan To B/ OE
3gi/ii. Unsold Goods/ A
3hi/ii. Change/ A
3ii/ii. Overdrawn/ L
3ji/ii. Delivery Van/ A
3ki/ii. Withdrawal From Bank/ A

4a. Net Profit = 2,500
4b. (done in notebook)

5. (done in notebook, somewhat)