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Can you help me classify these transactions into the Balance sheet and help me balance the accounting equation? Motor vehicle expenses Purchase supplies - Account
Can you help me classify these transactions into the Balance sheet and help me balance the accounting equation?
- Motor vehicle expenses
- Purchase supplies - Account
- Purchase supplies - Cash
- Rent of business premises
- Income from service provision - Cash
- Income from service provision - Account
- Sundry expenses
- Advertising expense - Account
- Advertising expense - Cash
- Staff wages
- Receive payment from account customers
- Cash withdrawals by owner
- Additional cash contributed by owner
- Paid general insurance
- Payment to account payable
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