Question: Create your own business. What are the first three UNIQUE transactions you would do as a business owner. Why are these the first things you

Create your own business. What are the first three UNIQUE transactions you would do as a business owner. Why are these the first things you would do? Input the three transactions in the spreadsheet

DATE ASSETS EQUITY LIABILITY
January Equipment +/- Debtors +/- Bank +/- Capital/Drawings +/- Income/Expenses +/- Loan +/- Creditors +/-
TOTAL

Your business:

Transaction 1:

Transaction 2:

Transaction 3:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!