Indicate the balance sheet items which would be affected by the following transactions (a) Purchase of a lawn mower by cheque (b) Sale of goods on credit...

      

Indicate the balance sheet items which would be affected by the following transactions
(a) Purchase of a lawn mower by cheque
(b) Sale of goods on credit to Mwangi
(c) A debtor pays by cash
(d) The owner converted his personal car into a business asset

  

Answers


Kavungya
- Lawn mower and Bank
- Stock and Creditor Mwangi
- Debtor and cash in Hand
- Motor vehicle and capital
Kavungya answered the question on April 3, 2019 at 11:40


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