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10 Accounting 111 Accounting Equation 20 : : 4 Liabilities A/c Payable + 91: Find the missing figures: Assets Cash Building Supplies 16,200 15,200 10,100

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10 Accounting 111 Accounting Equation 20 : : 4 Liabilities A/c Payable + 91: Find the missing figures: Assets Cash Building Supplies 16,200 15,200 10,100 9,500 16,000 1,100 8,500 3,800 41% Owner's Equity Capital 25,500 26,000 3,500 2,300 Q2: Classify each the following accounts as: 33 Assets (A), Liabilities (L ). Expenses (E), Revenue (R) or Capital (C). No. Items Classification 1 A/c Payable 2 Supplies 3 Rent Expense 4 Service Revenue 5 A/c Receivable 6 Capital 03: Show the effect of these transactions on the basic accounting equation? Invested BD 60,000 cash.. Bought Furniture for BD 2,000 on account. * Performed service on account BD 2,300. Paid cash BD 650 for Rent Expense. Withdrew cash BD 400 for personal use. 45% Assets Liabilities Owner's No Equity Remarks Cash A/c Rec. Furniture A c Payable Capital Bal

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