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Question 3: The following table gives the cumulative effects of individual transactions on the assets, capital and liabilities of Zoe Innovations. These have been presented
Question 3: The following table gives the cumulative effects of individual transactions on the assets, capital and liabilities of Zoe Innovations. These have been presented in a summary statement of financial position (or balance sheet) of Zoe Innovations. We are required to state as fully as possible what transaction(s) has taken place in each case (from A to 1). COO 0 B A O0C 0000 000 D 000 E 000 F C000 G H 1 c00c00c00 0 0 0 Assets Land & Buildings 450 450 450 450 575 575 275 275 275 275 95 100 100 100 100 100 100 100 100 100 Motor Vehicles Office Equipment 48 48 48 48 48 48 48 48 48 48 Stock 110 110 110 110 110 110 110 110 110 93 Debtors 188 188 188 188 188 108 108 108 108 120 Bank 27 22 22 172 47 127 427 77 77 77 Cash 15 15 11 11 11 11 11 11 3 3 1,07 929 1,0799 933 933 1,079 1,079 729 721 716 Liabilities & Capital 621 621 621 621 621 621 621 621 621 616 Capital Loan from Adwoa 200 200 200 350 350 350 350 Creditors 112 112 108 108 108 108 108 108 100 100 933 1,07 929 1,0799 933 1,079 1,079 729 721 716
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