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38 1.5 points The summarised balance sheet of a business before and after a transaction was: Non-current assets Property, plant and equipment Current assets

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38 1.5 points The summarised balance sheet of a business before and after a transaction was: Non-current assets Property, plant and equipment Current assets Inventory Receivables Cash and bank Total assets Non-current liabilities Current liabilities Capital Total Capital and Liabilities What business transaction took place? The business sold goods costing 4,024 for 8,249 on credit Additional capital of 4,225 was introduced as inventory The business sold goods costing 4,024 and introduced additional receivables of 8,249 The owner of the business withdrew inventory costing 4,024 for own use Previous Before After E 47,900 47,900 9,580 5,556 7.185 15,434 1.977 1977 66,642 70.867 26,657 26,657 11,245 11.245 28,740 66,642 32.965 70,867 Next

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