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- Q1 Page 23 Problem 5 Q2: Show the effect upon assets, liabilities and capital: 1. Bought a machinery on credit from Salmah RM 5,000. 2. Repaid by cash a loan owned to Aqil RM 9,000. 3. Bought goods for RM 1,400 paying by cheque. 4. The owner put a further RM 5,500 cash into the business. 5. Bought goods on credit RM 700. 6. The owner took out RM 600 cash for his personal use. 7. The business paid creditors RM 1,000 by cheque