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1.5 points The summarised balance sheet of a business before and after a transaction was as follows: Before After Property, plant and equipment R C
1.5 points The summarised balance sheet of a business before and after a transaction was as follows: Before After Property, plant and equipment R C 150,400 Inventory 153,400 30,080 30,080 Receivables 22.560 22.560 Cash and bank 1,666 1.666 Total assets 204,706 207,706 Non-current liabilities 51,177 51,177 Current liabilities: 29,868 29.868 Capital 123,661 Total Capital and Liabilities 204,706 126,661 207,706 What business transaction took place? The purchase of a building costing 3,000 with a loan The sale of equipment with a profit of 3,000 Revaluation of a building upwards by 3,000 The purchase of equipment costing 3,000 in cash Previous Next
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