Question 2 [8 marks] Complete the columns to show the effects of the following transactions: Effect upon: Liabilities Capital Example Bought motorcycle by cheque. Assets Increase and decrease a) b) d) e) f) g) th) Pay creditors by cheque. Sold goods to ABC Enterprise by cash. Bought vehicles from Perosatu Trading on time. Paid monthly term loan. Bought goods by cash. Withdraw goods for personal use. Purchase goods on credit. Debtors paid half of the amount due