Beach Ltd experienced the following events. For each, say whether or not it is an accounting transaction and why, or why not. 

1. The CEO decided that the company’s main factory would be reorganised next month.

2. The company ordered shop supplies to be delivered in five days. Payment will be made after delivery. 

3. The company received shop supplies it had ordered earlier in point 2, accompanied by an invoice from the supplier.

4. The company signed a new five-year lease on its Windsor warehouse.

5. The company sold some land, for which it would receive 10 annual payments, starting next year.

6. The company acquired a new truck for cash plus the trade-in of an old truck.

7. An employee was discovered to have stolen a large amount of cash.

8. The company was sued for a large amount by a customer who fell down in the car park.

9. The company announced a 2 per cent pay rise for all staff starting next month.