The following list of transactions relates to the business of Peter Gold, furniture supplier, during the month of April. Analyze each transaction to show the two aspects of the transaction?

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Date Business transactions and events (nature of the entity: wholesale trader) Amount Apr. 1 The owner pays cash into a bank account for the business. 60,000 Apr. 2 The business acquires buildings for cash. 20,000 Apr. 4 The business acquires equipment for cash. 12,000 Apr. 6 The business purchases an inventory (stock) of goods for cash. 8,500 Apr. 7 The business purchases an inventory (stock) of goods on credit from R. Green and receives an invoice. 7,000 Apr. 11 The business pays R. Green in cash for the goods it acquired 7,000 on credit. Apr. 14 The business pays a gas bill in cash. 400