Business transaction analysis 1. Paid loan payables amounting to 15,000 2. Bought office supplies on cash amounting to 20,000 3. Paid employees amounting to 30,000 4. Purchased additional equipment on account amounting to 50,000 5. Bought equipment for cash amounting to 100,000
Business transaction analysis 1. Paid loan payables amounting to 15,000 2. Bought office supplies on cash amounting to 20,000 3. Paid employees amounting to 30,000 4. Purchased additional equipment on account amounting to 50,000 5. Bought equipment for cash amounting to 100,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Business transaction analysis
1. Paid loan payables amounting to 15,000
2. Bought office supplies on cash amounting to 20,000
3. Paid employees amounting to 30,000
4. Purchased additional equipment on account amounting to 50,000
5. Bought equipment for cash amounting to 100,000
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is A written promise to pay the supplies an asset capital so on?
is Fax Machine an asset capital so on?
is Tan, Capital an asset capital so on?
is Tan, Withdrawals an asset capital so on?
is Cash collection an asset capital so on?
is utilities income or balance sheet?
is Withholding tax payable income or balance?
is unused supplies income or balance?
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