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9 Explain how the following transactions will affect the assets, liabilities or capital of an entity: 1. Introduction of new capital in the form of

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9 Explain how the following transactions will affect the assets, liabilities or capital of an entity: 1. Introduction of new capital in the form of cash by the new owner 2. Purchase of inventory on credit Home 3 Fill in the gaps in the following table: Assets GHS 45,000 Liabilities GHS 20,000 Capital GHS ? (a) (b) 50,000 ? 35,000 (c) ? 45,000 100,000 Home

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