During the month of May the following transactions occurred May 2 Tasteful Restaurant bought fish on credit worth $900, less a 10 per cent discount. May 3 Sold $145 worth of lamb for cash May 5 Paid $510 for electricity by cheque May 5 Paid shop assistant $ 580 cash for wages . May 9 Ms cashed a business cheque for $ 1 360, from which she paid a $ 360 water bill for her home . The balance remained in her cash till May Sold $ 1 500 worth of seafood on credit to Joyce T. May 15 Bought $1 700 worth of meats from Wholesale Suppliers on credit the given terms were 5% discount if paid within 30 days May 21 Joyce T settled her account by cash , earning a 3 % discount May 22 Tasteful Restaurant settled its account in full , by cheque . May 23 Paid shop assistant $580 by cheque for wages May 24 Settled Wholesale Suppliers account in full , by cheque . May 30 Paid $ 260 in cash for some repairs to the shop