Answer part (a). Thank You.

Orange Enterprise is a business selling various types of shoes since the year 2010. Below are lists of the transactions extracted from Orange Enterprise for the month of April 2014: Required: a) Show the effects (Increase/Decrease) on asset, liability and equity to the accounting equation. Answer: Increase in Asset, Increase in Liability (Example) b) Journalize the above transactions. (Format: General Journal form) Explanations are not required