On 1 March, Joe Conday started a new business. During March he carried out the following transactions:

1 March Deposited £20,000 in a bank account

2 March Purchased fixtures and fittings for £6,000 cash, and inventories £8,000 on credit

3 March Borrowed £5,000 from a relative and deposited it in the bank

4 March Purchased a motor car for £7,000 cash and withdrew £200 in cash for his own use

5 March A further motor car costing £9,000 was purchased. The motor car purchased on 4 March was given in part exchange at a value of £6,500. The balance of purchase price for the new car was paid in cash

6 March Conday won £2,000 in a lottery and paid the amount into the business bank account. He also repaid £1,000 of the loan

Required:

Draw up a balance sheet for the business at the end of each day.