Cash

Dec. 2

140,000

Dec. 11

30,000

Dec. 9

80,000

Dec. 18

70,000

Balance

120,000

Accounts Payable

Dec. 16

20,000

Balance

10,000

Merchandise

Dec. 11

30,000

Dec. 16

20,000

Balance

50,000

Equipment

Dec. 18

70,000

Balance

70,000

Borrowings

Dec. 9

80,000

Balance

80,000

Owner's Equity

Dec. 2

140,000

Balance

140,000