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From the following statements which give the cumulative effects of individual transactions, you are required to state as fully as possible what transaction has taken

From the following statements which give the cumulative effects of individual transactions, you are required to state as fully as possible what transaction has taken place in each case. That is, write descriptions similar to those given in questions The first column of data gives the opening position. Each of the other columns represents a transaction. It is these transactions (AI) that you are to describe.

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Transaction: Assets Land and buildings Motor vehicles Office equipment Stock Debtors Bank Cash A B C D E F G HI RS000 RS000 RS000 RS000 RS000 RS000 RS000 RS000 RS000 RS000 450 450 450 450 575 575 275 275 275 275 95 100 100 100 100 100 100 100 100 100 48 48 48 48 48 48 48 48 48 48 110 110 110 110 110 110 110 110 110 93 188 188 188 188 188 108 108 108 108 120 27 22 22 172 47 127 77 77 77 15 15 11 11 11 11 11 11 3 3 933 933 929 1,079 1,079 1,079 1,079 729 721 716 427 621 621 621 621 616 Liabilities Capital Loan from Lee Creditors 621 200 112 933 200 112 933 621 200 108 929 621 621 621 350 350 350 350 108 108 108 108 1,079 1,079 1,079 1,079 729 108 100 100 716 721 Note: the sign RS000 means that all the figures shown underneath it are in thousands of Rupees, e.g. Office Equipment book value is RS48,000. It saves constantly writing out 000 after each figure, and is done to save time and make comparison easier. Answer #3 2. Bought Motor vehicles Rs 5,000 from Cheque

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