[Valery16]

Just want to double check myself.
Jo decide to start a business buying and selling trees. Jo puts $ 10.000 savings into the a bank account and then withdraws $ 5.000 in cash. With the cash, Jo buys a van for the $ 2.500 and computer system for the $ 500. The van is filled up with $ 100 worth of petrol, and the insurance costs $ 100 for the month, jo sends a cheque to the insurance company. Then Jo goes to Georgie, the tree supplier and buys 4 trees for $ 100 each. Jo then rents shop for $ 500 for the month from the council and gives them a cheque. Jo is now ready to open up the shop.
On the first day the trees are very popular and Jo sells all 4 of them for the $300 each, cahs and has to shut the shop early to get some more trees. The treeseller sells Jo six more, but charges $120 each, cash. On the second day Jo sells another 4 trees for the $300 each for cash. Jo pays $ 1500 into the bank and takes $ 200 cash out of the business to celebrate and takes his friends out for the meal.
Need to identify all the transactions above

[pready]

You have a lot of transactions. The one where the owner withdraws $5,000 to purchase a van and a computer does not make sense because the amounts of the two transactions do not equal $5,000 so for the difference I would say the owner kept the cash for her personal use.

Also insurance is usually purchased for at least one year at a time and your problems does not state how much was paid for the insurance or how long a policy was purchased for.

The rest of your transactions are pretty straightforward.

[Fr_Chuck]

Thank you for using this site, and thank you for taking the time to cut and past so much home work on the site.

If you had taken time to read the rules of the site, you would know that we do not direclty answer your homework. If you wish to take each question, tell us what you think the answer is and why, we can discuss the answers.

Chuck, Moderator