Question # 3 The following table shows the cumulative effects of a succession of separate transactions on the assets and liabilities of a business. The first column of data gives the opening position. {Marks 5} 500 Transaction: Assets Land and buildings Equipment Stocks Trade debtors Cash at bank Cash on hand A B D E F G H I 000 000 000 000 000 000 000 000 000 000 500 535 535 535 535 535 535 535 535 230 230 230 230 230 230 230 200 200 200 113 140 140 120 120 120 120 120 119 119 143 143 143 173 160 158 158 158 158 158 37 37 37 37 50 50 42 63 63 63 9 9 9 9 9 9 9 9 9 3 1,059 1,086 1,121 1,131 1,131 1,129 1,121 1,112 1,111 1,105 Liabilities Capital Loan Trade creditors 730 730 730 740 740 738 733 724 723 717 120 120 155 155 155 155 155 155 155 155 168 195 195 195 195 195 195 195 195 195 1,059 1,086 1,121 1,131 1,131 1,129 1,121 1,112 1,111 1,105 Required: Identify clearly and as fully as you can what transaction has taken place in each case. Give 1 possible explanations for transaction A-1. Do not copy out the table but use the reference letter for each transaction