4.29. Allocating transactions and demonstrating duality Choose appropriate account names and demonstrate the dual effect that occurs when the following business transactions take place. For example, in (a) we would increase cash S14 000 and increase capital S14 000 a. Sam Major commenced business by contributing $14 000 cash b. Received $7000 income for services performed c. Paid telephone account $191 d. Sam Major withdrew cash from business $800. e. Purchased office stationery on credit S1 900. f. Cash sales $700 g. Credit sales of $610 h. Sam Major withdrew office equipment from business $2 000 i. Sam Major negotiated with possible business partner to contribute $50 000 as a silent partner to the business. Sam Major purchased meal for his partner's on his personal credit card. j