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A sole trader, Anjani Singh, of Crabwood Creek, had following account balances on June 1 and then recoded the following business transactions in June of 2023.
Balances on the accounts on June 1
Cash $700 000, & Premises $ 4 000 000
Capital $3 800 000 & Loan (Karl Max Investments) $ 900 000
TR# 1: Received rent from a tenant who occupied two office space in the building cash $ 50 000
TR #2: Received invoice from Razia Goring, a supplier, valued at $ 119 200
TR#3: Paid for advertising of business in the daily newspapers $ 4000 in cash
TR#4: Sale of goods to customers who paid with cash immediately $ 224 920
TR#5: Anjani Purchased some second hand office desk and chairs for use in her business valued @ $ 15 000 cash
TR# 6: Damaged goods returned to Razia Goring valued $ 5 500; cash paid to Razia $ 86 000
TR#7: $ 9 000 cash was paid to a contractor to repair part of business premises
The balance on Razia Goring account at the end of the reporting period is
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