47 1.5 points The summarised balance sheet of a business before and after a transaction was: Before After Non-current assets Property, plant and equipment Current assets 36,160 36,160 Inventory 7,232 4,701 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 2,531 for 5,315 on credit 5,424 10,739 1,662 1,662 50,478 53,262 20,191 20,191 9,307 9,307 20,980 23,764 50,478 53,262 The owner of the business withdrew inventory costing 2,531 for own use Additional capital of 2,784 was introduced as inventory The business sold goods costing 2,531 and introduced additional receivables of 5,315