2 March Dana paid $750 into the business 16 March Purchased supplies for $300 24 March Paid miscellaneous expenses $60 29 March Cash from customers $450 6 April Received $450 from Radok as a loan...

2 March Dana paid $750 into the business

16 March Purchased supplies for $300

24 March Paid miscellaneous expenses $60

29 March Cash from customers $450

6 April Received $450 from Radok as a loan repayable in two months time  8 April Purchased supplies $300

9 April Receipts from customers $225

22 April Paid rent on premises $75

30 April Receipts from customers $450.

Dana held no inventory at 30 April.

Required

Prepare:

(iv) a statement of profit or loss (income statement) for the year to date;

(v) a statement of financial position (balance sheet).