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IN ri D Make up MT Answer all the questions. Total marks 20. Please write clearly, precisely and legibly. You must show calculations where necessary.

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IN ri D Make up MT Answer all the questions. Total marks 20. Please write clearly, precisely and legibly. You must show calculations where necessary. 1. For each of the following cases give an example of a transaction: 4X1= 4 a. Decrease an asset and decrease owner's equity b. Increase in owner's equity and decrease in a liability Increase an expense and increase in a liability d. Increase an asset and decrease another asset (other than cash) c

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