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Q1. Complete the following into meaningful transactions. Solve them in basic accounting equation. Find the effect on Asset / Liabilities and Owner Equity and give

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Q1. Complete the following into meaningful transactions. Solve them in basic accounting equation. Find the effect on Asset / Liabilities and Owner Equity and give the net result of the transactions. a) --- starts a business called enterprise on 1st January, 2021 and invests ----as his/her capital. b) ----enterprise purchases machinery worth RO. paid 35% in cash and remaining on credit. The enterprise purchased goods worth RO.---- - Paid RO.----- cash and balance on credit. (cost a) The business made a sale of RO. being RO -----) on credit basis. e) The business took loan of RO. from Bank Muscat. . The owner withdrew RO.------ -- from the business for his/her personal use

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