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1.6 Show the dual aspect, as it affects the accounting equation (assets - liabilities = capital), of the following transactions for a particular business: owner

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1.6 Show the dual aspect, as it affects the accounting equation (assets - liabilities = capital), of the following transactions for a particular business: owner starts in business with capital of 8,000 in the bank buys a computer for 4,000, paying by cheque obtains a loan of 3,000 by cheque from a friend buys a van for 6,000, paying by cheque 1.7* Fill in the missing figures: Assets Liabilities Capital 20,000 0 15,000 5,000 *** 16,400 8,850 3,850 10,250 25,380 6,950 7,910 13,250

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