Date Transactions

C
a
s
h
L
a
n
d
Oct 1, 1995 Owners Equity 91200
Salary
Nov 1, 1995 Borrowing from Bank 40000
Nov 1, 1996 Buying Property -72000 72000
Demolishment 9000
Dec 31, 1995 Borrowing from Sports Boat 40000
Jan 31, 1996 Construction Payments -40000
Feb 29, 1996 Construction Payments -40000
Sales of new boats 112000
Fred
compensation for
boat
Sales of trade-in boats 54800
Mar 30, 1996 Repayment of bank loan -42000
Suppliers
payment
Mar 31, 1996
Remaining
Const. cost -62400
Architect fees
Marion Boats
Transaction Analysis Table
As of March 31, 1996
Assets
Amount
considered for
sports loan
81600 81000
B
u
i
l
d
i
n
g
T
r
a
d
e

i
n

a
l
l
o
w
a
n
c
e
s
A
c
c
o
u
n
t
s
R
e
c
e
i
v
a
b
l
e
F
r
e
d
'
s

E
q
u
i
t
y
L
o
a
n

f
r
o
m

S
p
o
r
t
s

B
o
a
t
s
B
i
l
l
'
s

E
q
u
i
t
y
B
a
n
k
L
o
a
n
R
e
t
a
i
n
e
d

E
a
r
n
i
n
g
72000 20000 -800
-10000
40000
40000
40000
40000
58000 13600 183600
-680
-58000 -3200
-40000 -2000
-153000
62400 0
2600
Marion Boats
Transaction Analysis Table
As of March 31, 1996
Assets Liabilities and Owner's Equity
100000
145000 0 13600 72000 140000 20000 0 13920
321200 Total Assets Total Liabilities and Equity
F
r
e
d
'
s

S
a
l
a
r
y

o
w
e
d
F
r
e
d
'
s

C
o
m
m
i
s
i
o
n
W
a
g
e
s

o
w
e
d
O
w
e
d

s
u
p
p
l
i
e
r
s

a
m
o
u
n
t
10000
9000
680
153000
2600
Marion Boats
Transaction Analysis Table
As of March 31, 1996
Liabilities and Owner's Equity
-100000
10000 680 11600 53000
321200 Total Liabilities and Equity