Question

gave me answer plz it very urgently...... yr

Answer 1

a) asset ( cash ) and capital both increase by 9000

b) no effect because asset inc ( securities ) and asset dec ( cash ) by same amount

c ) assest dec ( cash 3000) asset inc ( home 9000) loan inc ( 6000)

over all effect asset and liability inc by 6000

d ) asset and capital both inc by 300

e) no effect one asset ( car ) inc and another asset( cash) dec

f) asset and capital both inc by 2160

g ) asset dec ( cash 480) liability dec (loan300) capital dec (180

h) asset and capital both dec by 180

i) asset and capital both inc by 120