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Bobby started a business selling computer accessories and the following transactions took place in the month of April 2022. 2025 Apr 1 Bobby transferred $80,000

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Bobby started a business selling computer accessories and the following transactions took place in the month of April 2022. 2025 Apr 1 Bobby transferred $80,000 into his new business bank account from his personal bank account. 5 He bought $20,000 worth of furniture from Woody Ltd paying $12,000 with his personal cheque and the remainder to be paid at end of May. 8 Bobby bought $50,000 worth of computer accessories on credit from K Trading. 15 Bobby returned some faulty computer accessories of $6,500. 22 Bobby paid the outstanding amount to K Trading by cheque. 29 \$2,000 was withdrawn from the bank to keep as cash in hand. Using the format of the table given below, analyse the transactions into various components. Please provide your answers in the following answer template given. (Total: 10 marks)

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