Question: William Murphy opened a car service centre named Murphy Car services on 1 June 2022 , which he operates as a sole proprietorship business. During

William Murphy opened a car service centre named "Murphy Car services" on 1 June 2022 , which he operates as a sole proprietorship business. During the first month of operation, the following transactions and events have occurred. Murphy is now interested to know how well his business came out at the end of the first month of operation. Assume that you are a qualified accountant who undertake accounting assignments of your clients. Murphy has approached you and requested you to prepare the financial reports of Murphy Car services for the month ended 30 June 2022

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