Question

Q.8 Give necessary transactions for the following effect of increase and decrease in Assets,
Capital and Liabilities.
Increase in Assets
Decrease in Assets
Q.3
Increase in Capital
Decrease in Assets
Decrease in Liabilities
Decrease in Assets
Decrease in Assets
Decrease in Capital​

Answer 1

Answer:

Capital introduced

Drawing made by cash or goods

Amount paid to creditors

Machinery sold in loss

Explanation:

I cant understand it is 3 point or 6 effect

Answer 2

 ᴀɴsᴡᴇʀ:  ᴄᴀᴘɪᴛᴀʟ ɪɴᴛʀᴏᴅᴜᴄᴇᴅ  ᴅʀᴀᴡɪɴɢ ᴍᴀᴅᴇ ʙʏ ᴄᴀsʜ ᴏʀ ɢᴏᴏᴅs  ᴀᴍᴏᴜɴᴛ ᴘᴀɪᴅ ᴛᴏ ᴄʀᴇᴅɪᴛᴏʀs  ᴍᴀᴄʜɪɴᴇʀʏ sᴏʟᴅ ɪɴ ʟᴏss  ᴇxᴘʟᴀɴᴀᴛɪᴏɴ:  ɪ ᴄᴀɴᴛ ᴜɴᴅᴇʀsᴛᴀɴᴅ ɪᴛ ɪs ᴘᴏɪɴᴛ ᴏʀ ᴇғғᴇᴄᴛ