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3. V. Selected transactions for Na Landskap Enterprise are listed below. i Pay a creditor RM70 in cash. Bought fixtures RM200 paying by cheque. iii.
3. V. Selected transactions for Na Landskap Enterprise are listed below. i Pay a creditor RM70 in cash. Bought fixtures RM200 paying by cheque. iii. Bought goods on credit RM275. iv. The proprietor introduces RM500 cash into the firm. Fazilah lends the firm RM200 in cash. vi. A deblor pays RM50 by cheque vi. Bought a machine RM5,000 by cheque. viii. Bought a second hand van RMB 700 on credit. ik Withdrawal of RM200 cash for personal use. Bought goods RM760 paying by cash. *. A debtor returns RM150 goods. In relation to each of the information above, identify the effect of each transaction on assets, liabilities and owner's equity by placing either increase or decrease in the appropriate column. The first answer is shown below as an example. Assets Liabilities Owner's Equity No. Transaction Pay a creditor RM70 in i. cash decrease decrease
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