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1.8* The table below sets out account balances from the books of a business. The columns (a) to (1) show the account balances resulting from
1.8* The table below sets out account balances from the books of a business. The columns (a) to (1) show the account balances resulting from a series of transactions that have taken place over time. You are to compare each set of adjacent columns, ie (a) with (b), (b) with (c), and so on and state, with figures, what accounting transactions have taken place in each case. (Ignore VAT) tons have taken place (a) (b) (c) (d) (e) (1) Assets Office equipment - 2,000 2,000 2,000 2,000 2,000 10,000 Van 1 10,000 10,000 Bank 10,000 8,000 14,000 4,000 6,000 3,000 Liabilities Loan 6,000 6,000 6,000 3,000 Capital 10,000 10,000 10,000 10,000 12,000 12,000
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