*Prepare G. Graham's Balance Sheet in the horizontal format as at December 31, 2002.
(Be sure to list the Assets in the Order of Permanence)
2.
The books of S. Ford who runs a stationery business is as follows:
2003
Oct 1 Commenced business with $20 000 in cheque
Oct 2 Bought Motor Van by cheque $5 000
Oct 5 Purchased goods (stationery) on credit from Book shop Ltd.$5 000
Oct 7 Sold goods (stationery) $3 500 on credit to L. Harry
Oct 10 Paid rent $1 000 in cheque
Oct 15 Paid Book Shop Ltd $ 1 000 by cheque
Oct 20 Received $2 500 from L. Harry in cash
Oct 25 Received $1 500 cash for commission
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don't know I'm in 8th that's why
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