Let us assume that a business commenced by Albert had only a single transaction each day, as listed below:

Day one: Albert introduced £100,000 in cash as his capital

Day two: the business borrowed £200,000 from a bank

Day three: the business paid £180,000 for items of furniture

Day four: the business paid £90,000 to buy goods for sale

Day five: the business sold for £75,000 goods it had bought for £50,000

Day six: the business paid £2,000 as salary and £3,000 as other expenses

Day seven: the business paid £65,000 to buy more goods for sale

Day eight: the business repaid £30,000 of the bank loan

Required:

Identify the resources used and their sources on each of the eight days.