Lucy buys a $4,000 piano (transaction 4). The purchase is funded by a $1,200 bank loan (transaction 1), the redemption of a $2,600 term deposit (transaction 2) and the sale of $200 worth of corporate bonds (transaction 3), which were bought in the past for $250. The piano is an asset _ Type Y if true, N if incorrect. The term deposit is an asset _ Type Y if true, N if incorrect. The loan is an asset _ Type Y if true, N if incorrect.
Lucy buys a $4,000 piano (transaction 4). The purchase is funded by a $1,200 bank loan (transaction 1), the redemption of a $2,600 term deposit (transaction 2) and the sale of $200 worth of corporate bonds (transaction 3), which were bought in the past for $250.
The piano is an asset _ Type Y if true, N if incorrect.
The term deposit is an asset _ Type Y if true, N if incorrect.
The loan is an asset _ Type Y if true, N if incorrect.
In net, the
The stock of bonds changes by _ Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change.
The income from the sale of the bonds is _ Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change.
In net, the deposits change by _ Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change.
The equity of Lucy changed by _ Type a sign + or - followed by one number with no dollar sign. Type 0 (the number zero) if there is no change.
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