analyzing business transactions using accouting equations. Each line needs to be analized and a sentence needs to be written per line explaining.

1. Determine if the event is an accounting transaction

2. Identify what accounts it affects

3. Determine what type of accounts they are

4. Determine which accounts are going up or down

5. Apply the rules of debits and credits to these accounts

6. Find the transaction amount to be entered into each account

Summary of Transactions Exhibit 1.9 Asses Cash + Accounts Decebe Dividends Expenses it) $30.000 (2) - 2.500 27.500 26.000 1.500 + Supplies - Equipment - Accounts + Common Puyable $70,000 52.500 2.500 30.000 $26.000 2.500 26.000 0.000 7.100 +57.100 . 2.000 7.100 30.000 . 9.00 + 20.000 7.100 30.000 EEEEEEEEEEE 1.500 +4.200 5000 -1000 4.700 100 4000 51.000 + 54.200 200 . 200 . 20.000 7.100 + 000 51.000 1.000 700 1.700 60 - 20.000 7.100 + 30.000 + 400 1.600 300 6.100 . 9.500 2.000 7.100 700 - 600 25.000 + 4000 1.00 1.000 - 1.500 5500 0 (10) - 900 5.000 0 300 500 5 0 7.100 900 30.000 4,100 1.700 9.00 25.000 . 30.000 + 6.100 1.00 39.000 $26000 $6.200 50.000 5200 5200 6.100 51.700 Leaming Objective P1: Analyse business transactions using the accounting equation M