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Dests the transactions that Lequired: 1) Using the sho transaction (d) description. (4 mark Part B (10 marks) Information shown in the following T-accounts reflects

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Dests the transactions that Lequired: 1) Using the sho transaction (d) description. (4 mark Part B (10 marks) Information shown in the following T-accounts reflects th the current period for My Magazine Office Supplies 900 (8) 300 (b) (d) Cash at Bank 6 000(b) 4 5000 900 1000 End bal 380 e) End bal 8000 Vehicles (a) 12 000 Equipment 7600 9700 17300 End bal 12 000 (d) Endbal Accumulated Depreciation - Vehicles 480 Accumulated Depreciation - Equipment (h) 520 End bal. 520 480 End bal. Capital Accounts Payable 1600 (d) (a) 25 600 (1) 10000 End bal. End bal. 8400 25 600 Office Supplies Expense Subscription Fees Revenue (e) 4 500 (8) 820 End bal. 4500 End bal. 820 Depreciation Expense - Equipment Depreciation Expense - Vehicles (i) 480 520 End bal. 480 End bal. 520 quired: 1) Using Ising the above information, provide a s transaction (d) respectively. Indicate the description. (4 marks) a short description of transaction (a) and the amount(s) of the transaction in your 2) Calculate the NET ASSETS of the business using info balance sheet T-accounts. Show your workin ana step by step calculations for each part of the formula). (o man of the business using information provided from the above punts. Show your workings. (Hint: show the formula for net assets P by step accounts. Shof the business

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