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Question 3 The following transactions were recorded In the first month of the business for Rosewood Enterprise: Date Sept 1 Pn. Rosnah Invested cash of

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Question 3 The following transactions were recorded In the first month of the business for Rosewood Enterprise: Date Sept 1 Pn. Rosnah Invested cash of RM20,000 Into her business, called Rosewood Enterprise. Sept 3 Rosewood Enterprise bought a few sets of furniture on credit at the price of RM2,500. Sept 5 Rosewood Enterprise purchased goods worth RM350 on credit from Buzz Son. Bhd. Sept 11 Rosewood Enterprise sold goods worth RM475 by cash. Sept 17 Pn. Rosnah withdrew cash of RM100 from the business for her personal use. You are required to: Analyse the effects of the above transactions to the accounting equation by using the format given below: Assets Liabilities + Owner's Equity (10) (Total : 20)

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