Example: Emma LTD - June 12008 commenced business with a cash of c20,000 - June 22008 Paid rent expense by cheque $750 - June 32008 Purchased stock of books c1,500 and paid by cheque - Jure 52008 Bought Office Furniture \$2,400 paid cheque. - June 102008 Bought computer 61,250 paid by cash. - June 202008 Sold books for cash 4850.00 - June 252008 Sold books on credit $1,750 Example: Emma LTD - June 12008 commenced business with a cash of c20,000 - June 22008 Paid rent expense by cheque $750 - June 32008 Purchased stock of books c1,500 and paid by cheque - Jure 52008 Bought Office Furniture \$2,400 paid cheque. - June 102008 Bought computer 61,250 paid by cash. - June 202008 Sold books for cash 4850.00 - June 252008 Sold books on credit $1,750