Please read the question carefully (especially the amount), it's different from other similar questions. Will surely upvote if answers are relevant, thanks.

L MCD2150 Accounting for Managers Week 4 Group problems solving Activities Jason and James started JJ Asian Cuisine on 01st July, the following transactions occurred in July: Date Transactions Amounts 1-Jul Borrowed and contributed capital $ 20,000 1-Jul Paid for business registration $ 84 2-Jul Paid for vacumm sealer machine $ 500 2-Jul Arranged credit card facility with the bank to a limit of $2,000 $ 2,000 2-Jul Paid for bowl sealing machine and shipping fee $ 2,000 2-Jul Purchase by cash 2000 foam bowls $ 200 2-Jul Cash purchase vacumm seal bags - 2000 $ 200 3-Jul Credit card purchase 4000 containers (Small plastic for chillie $ 320 3-Jul Received an invoice for website set up cost $ 1,000 3-Jul Paid rent for the first three months as required by rental $ 3,249 agreement. 4-Jul Delivered the first 200 orders $ 1,600 4-Jul Agreed with an IGA Supermarket to provide a sample batch $ 2,400 of 300 serves 5-Jul Received grocerry bill (meat and other ingredients; supplies) $ 500 6-Jul Sent invoices to friends who are yet to make payments $ 400 7-Jul Paid for petrol, (using James Honda Jazz to pick up purchases $ 60 and make deliveries 9-Jul Delivered 300 orders to IGA grocery (paid in full via credit card $ 2,400 10-Jul James placed an order for more groccery supplies $ 1,000 11-Jul Pick up and paid for the grocery supplies ordered $ 1,000 23-Jul Paid salary to Jason and James - $500 each $ 1,000 27-Jul in a local community festival event along Clayton Road, sold $ 1,600 200 serves on the day 30-Jul Recorded depreciation for the month ? L Additional information: . o Policies and Estimates Vacuum sealer and bowl sealing machines, both depreciated on a straight-line method, with each having an estimated useful life of five years, and NIL salvage value. Website is depreciated under straight-line method, 3 years. All supplies are purchased and USED as required; no material amounts of supplies are stored. Registration fee is treated as an expense at the end of the month Containers, bowls and vacuum seal bags are grouped together as "Supplies" o o o FIGURE 1. BOWL SEALING MACHINE FIGURE 2. FOAM CUP FIGURE 3. Small side serve cups Required: Construct an income statement for the month ended 31 July 2019 and the balance sheet as at 31 July 2019 for JJ Asian Cuisine