Show the cílect of the following business transactions on assets, liabilities and capital
the help of accounting equation:
1 Commenced business with cash
31.200
2. Interest on Capital
1.500
3. Machinery Purchased
4.680
4. Cash withdrawn from the business for personal use of proprietor 6230
5. Goods purchased on credit
3.120
6. Paid to creditors
7. Creditors accepted a bill for 8.
1.560
Allotied shares to creditors
1.560
9. Transfer from capital to loan
7 800
I find a correct answer......
Answers
Answered by
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Answer:
3 machinary purchased is the correct answer for your question my dear
Explanation:
hope it's helpful
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