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Question 4 Complete the transaction analysis table below. Please see the sample for how to format your answers. Date Transaction Accounts affected Amount $ Classification
Question 4 Complete the transaction analysis table below. Please see the sample for how to format your answers. Date Transaction Accounts affected Amount $ Classification | Increase (A, L, OE, R, E) or Decrease Debit or Credit Sample Cash Accounts Receivable $200 $200 Asset (A) Asset (A) Increase Decrease Debit Credit March 6 Collected $200 of Accounts Receivable from customers Owner contributes $37,500 consisting of a computer valued at $5,000 and the balance in cash March 15 Sales of inventory on credit $7,205 including GST (cost $3,150) March 17 Purchased equipment for cash $1,980 plus GST March 26 Paid interest of 3% per annum on a loan of $32,000 for 1 month March 29 Owner withdraws $4,500 in cash
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