Balance Sheet of "Bobby's Sweet Shop" as of June 31 2004

Desc	Assets		Liabilities	Equity	Expenses	Desc
Cash	25000			25000		Step1
Donation Asset	300			300		Donation is anyway addition to equity-even though its free it must be recorded with its “fair value”
Cash	-2000		-2000			Wage for the empolyee
Cash	500			200	300	With 300 total expense I was able to sell item for 500
Cash	-1500		-1500			Put back (paid) loan of 1500/-
Cash	-700					Rent Advance+2 month rent
Advance Asset	700
AdvAsset cash	-600					Rend paid for 6 months
Cash	600
Inventory	1000					Worth 1000 invenotry purchase
Cash	-1000
Furniture	200					Furniture worth 200
Cash	-200
Cash	20000		20000			A SBI Loan of 20000
Inventory	1000		1000			Lease stuffs from friends for 1 year

Assets TOTAL (43,300) = Liabalities+Equities (43,300)

Note that all transactions can be matched either ROW wise or COLUMN wise