Prepare a spreadsheet similar to that presented in Table 3.10, setting out on the first line the items contained in the list of assets and liabilities of question B3.2 and then on lines 2, 3 and 4 adding in the transactions (a),

(b) and (c). Calculate the totals of each column of the spreadsheet and show that the accounting equation remains equal on both sides.

AppendixLO1