Question: Question. Analyse these transactions using accounting equation. 12 +3+3=8 Marks Cash - 200 000 Bank - 240 000 Debtors - 100 000 Building - 160000

Question. Analyse these transactions using accounting equation. 12 +3+3=8 Marks Cash - 200 000 Bank - 240 000 Debtors - 100 000 Building - 160000 Land 100 000 Overdraft- 100 000 Creditors 160 000 Notes Receivables=160 000 Notes Payables-120 000 Loan- 240 000 Capital Prepare the balance sheet and find out the capital? Capital - asset_liabilities Balance sheet The company bought furniture for $ 240 000 paid 45% on credit and the rest by cheque. Balance sheet The company sold furniture for $ 160 000 received 25% on credit and the rest by cheque. Balance sheet

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