| Entry explanation | Result | Entry amount | Balance | ||||
|---|---|---|---|---|---|---|---|
| Starting Balance | $100,000 | ||||||
| Purchase stock - Manufacturer Mew | -$25,000 | $75,000 | |||||
| Quarter 1 Operating Costs | -$25,000 | $50,000 | |||||
| Quarter 1 Earnings | Sold 40% of Stock of Shoes | $15,000 | $65,000 | ||||
| Purchased stock of Stationary - Bam | -$27,000 | $38,000 | |||||
| Quarter 2 Operating Costs | -$25,000 | $13,000 | |||||
| Quarter 2 Sales | Sold 10% of Stationary | $9,000 | $22,000 |