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Question 2 Not yet answered Marked out of 7.00 Francine is commencing her business: HAPPY SNAPPY Photography, Transactions for the first week of the businesses operations have been provided. You are required to enter the numbers to Complete the Balance Sheet for the end of the week Complete the Income Statement for the period Provide the Net Cash Flow (NCF) figure for the period. Do not use $ signs spaces, commas or decimals when entering the number. If the number is negative, then indicate this by placing a minus sign before the number e.g. - 1000 Flag question . TRANSACTIONS/EVENTS for week ending 07/07/20 $ Francine contributes photographic equipment to 35000 commence business Purchased supplies on credit 3000 Received a long term loan from 8000 her bank Paid the account payable 3000 Completed a photo shoot for a 9800 client, on credit Supplies on hand at end of 500 week HAPPY SNAPPY Photography Balance Sheet as at 07/07/20 HAPPY SNAPPY Photography Income Statement far wendina T07/ 35000 3000 8000 Francine contributes photographic equipment to commence business Purchased supplies on credit Received a long term loan from her bank Paid the account payable Completed a photo shoot for a client, on credit Supplies on hand at end of week 3000 9800 500 HAPPY SNAPPY Photography Balance Sheet as at 07/07/20 HAPPY SNAPPY Photography Income Statement for week ending 07/07/20 Assets Revenues Liabilities Expenses Owners Equity profit/(loss) Net Cash Flow