3.3 Using the information given in exercise 2.6, analyse the transactions in debit/credit form showing, in each case, that the extended accounting equation is maintained, e.g.

Williams bought a car for £10,000 cash, on 1 February 20X4.

Debit £10,000 increase assets (car)

Credit £10,000 reduce assets (cash)

T £10,000 A +X = L + E' + R i £10,000