ABC Company Adjusted Trial Balance 31 December, 2017 Account Name Cash Accounts Recievable office Suppliers office equipments Vehicle Duilding Accounts Payable Noted Payable Ref Debit Credit S 400,00o.00 30,000.00 45,000.0O 15,000.00 40,000.00 300,000.0O $ 100,00o.00 50,000.00 500,000.0o Common Stock Retained Earnings 20,000.00 S 700,000.00 Sales Revenues Cost of goods sold 400,000.00 50,000.00 20,000.0O Salaries expenses Rent expenses Supplies expenses Advertising 10,000.00 30,000.00 30,000.00 $1.370.000.00 S1.370.000.00 Insurance Total

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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