June 1 Deposited the $150000 proper right into a enterprise account. Paid three monthsâ rent prematurely of $3000. Pay as you go rent is dealt with as a gift asset. Employed Jack Smith as a salesman.June 2 Purchased retailer fittings for $27000 on 30-day credit score rating. Purchased stock from Whoopee Doo wholesalers for $58000, paying $30000 cash with the stableness to be paid in 14 days.June three Employed Jill Smith on a casual basis for three days to help with stocking the shop. Value was $100 per day, paid on the end of three days.June 4 Paid for arrange of phone, fax and internet suppliers from Telstra. Telstra required price of the connection worth of $750.June 5 Purchase office instruments on credit score rating from Value It for $5600.June 7 Employed caters for a spot celebration, paying $3100 cash, and marketed it throughout the native newspaper for the following three weeks, on seven days credit score rating, for $500.June7-12 Took $3456 in cash product sales.June 12 Paid Value It. Paid native newspaper. Paid Jackâs wages of $1000.June 14-19 Took $6320 in cash product sales.June 16 Paid Whooppee Doo.June 21-26 Took $25321 in cash product sales.June 21 Paid Jack $275 in extra time.June 23 Purchased additional stock of $23000 from Whooppee Doo on 14 daysâ credit score rating.June 30 Realised stock was not insured and took out a yearâs insurance coverage protection contract at an annual worth of $14400. The first month was paid prematurely.June 30 Paid Jackâs wages of $950.June 30 Counted stock, and situated that stock costing $16300 had been purchased.REQUIRED Put collectively an income assertion and a steadiness sheet for the toy enterprise as at June 30.