Homework Help is Here – Start Your Trial Now!
Business
Economics
o the a er's Ed -1 NO Leed Grad Sub Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 11 According to the cash register roll, the business received R5 300 for services rendered. Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. nsac ont Day Assets Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason (14)

o the a er's Ed -1 NO Leed Grad Sub Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 11 According to the cash register roll, the business received R5 300 for services rendered. Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. nsac ont Day Assets Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason (14)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question
o the a er's Ed -1 NO Leed Grad Sub Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 11 According to the cash register roll, the business received R5 300 for services rendered. Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. nsac ont Day Assets Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason (14)
Transcribed Image Text:o the a er's Ed -1 NO Leed Grad Sub Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 11 According to the cash register roll, the business received R5 300 for services rendered. Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. nsac ont Day Assets Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason (14)
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS