A trader provides the followny rnformationin Fe bruary 2017. Fèh 1: Balarce of a cash saso 2:Paid property fax 1n cash $52 3:-Cash Sales 894 4 Bought stationery and paid cash 813. s. Received cash trom Ghosh, a debitor y8 120. 6: The owner withdrew cas for 7 Bought goods and paid in ash 8200 personal usegSO Require d: pen appropriale ledger Hhe accounts and balanc as at 25" february 2017.

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is