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You are provided with the following financial information for a business. The business prepares reports at the end of every month so one period for the business is one month.

June 1 The owner invested $200,000 cash into the business to start a new restaurant.

June 1 The business paid $1,500 cash for rent for the month of June for the restaurant. The business will pay rent every month until the business can find a building to purchase or rent long term.

June 2 The business purchased some kitchen equipment for $90,000. The business paid a $30,000 cash deposit and will pay for the rest ($60,000) by getting a bank loan which they will start paying back in the future.

June 3 The business purchased take away containers which will all be used by the end of the week. The business purchased the containers on credit and will pay for them in July. The containers cost $500.

June 4 The business purchased food and paid $8,400 for cash. (Assume the food will all be sold by the end of the week) and drinks $5,200 on credit. (Assume all of the drinks will also be sold by the end of the week).

June 5 Sales of food and drink for the first week of June were $13,100 on credit (customers will pay later) and $7,800 were for cash.

June 7 The business paid the wages for the first week of June. The total amount of cash paid was $3,400.

June 8 The business received $460 cash from the customers for the sales of food made on credit to the customers on the 4^th of June.

Sales Income

Date	Account	$	Date	Account	$

Rent Expense

Date	Account	$	Date	Account	$

Food Expense

Date	Account	$	Date	Account	$

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