Analyze the following transactions and show the effect each one has on the Accounting Equation. Day...

 

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Analyze the following transactions and show the effect each one has on the Accounting Equation. Day Transaction 7 Bought a vehicle worth R120 000 with a cheque from Perry Auto Dealers. 23 Cash sales of goods, R5 000 (CP - R4 000). 25 Bought stationery from Cc stores on credit for R9 900 30 30 Owner withdraws R5 000 for his personal use. Analyze the following transactions and show the effect each one has on the Accounting Equation. Day Transaction 7 Bought a vehicle worth R120 000 with a cheque from Perry Auto Dealers. 23 Cash sales of goods, R5 000 (CP - R4 000). 25 Bought stationery from Cc stores on credit for R9 900 30 30 Owner withdraws R5 000 for his personal use.