Complete the columns to show the effects (increase, decrease or no changes) together with amount of the following transactions on asset, liabilities and capital  of the business

 

(a) We pay a creditor $700 in cash (b)Bought fixtures $200 paying by cheque (c) Bought goods on credit $275 (d) The proprietor introduces $500 cash into the firm (e) Jonny lends the firm $200 in cash (f) A debtor pays us $50 by cheque (g) We return goods costing $60 to a supplier whose bill we had not paid Assets Liabilities Capital