a) Examples : A = OEL John began business with cash in hand $5000. Cash 1$5000 Capital 1$5000 b) The firm took a bank loan of $8000. Cash 188000 Bank Loan 188000 Being purchase of motor vehicle from ABC Trading for $2000. Motor Vehicle 1$2000 ABC Trading Slide 9 of 38 Examples : A = OEL .P.U ASIA PACIFIC UNIVERSITY ARTECISIOLOGENSILIATION d) Being payment of $500 to Creditor, Peter. Cash $500 Creditors $500 e) Being receipt of $3500 in cheque from a debtor. Debtors | $3500 Cash at Bank 1$3500 OF TECHNOLOGY INNOVATION AQ01-4-0 - Principles of Accounts Basic of Accounts Slide 10 of 38 Examples : A 11 OE L A.P.U 6) Being repayment of bank loan for $1500. Cash $1500 Bank Loan $1500 Being purchase of office equipment from Lee Trading on credit for $780. Office Equipment T$780 Creditors 1$780 (Lee Trading) OF TECHNOLOGY & INNOVATION AQ01-4-0 - Principles of Accounts Basic of Accounts Slide 11 of 38