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Analyze the following transactions and show the effect each one has on the Accounting Equation. Day Transaction 7 Bought a vehicle worth R120 000

 

Analyze the following transactions and show the effect each one has on the Accounting Equation. Day Transaction 7 Bought a vehicle worth R120 000 with a cheque from Perry Auto Dealers. 23 Cash sales of goods, R5 000 (CP - R4 000). 25 Bought stationery from Cc stores on credit for R9 900 30 30 Owner withdraws R5 000 for his personal use.

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