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Show the effect of the following on the accounting equation, A=OE+L. Do not show net effects of transactions. (a) A debtor, B. Goos, paid his
Show the effect of the following on the accounting equation, A=OE+L. Do not show net effects of transactions. (a) A debtor, B. Goos, paid his debt of R500. (b) Purchased land for R180 000, raised a long-term loan to pay for the purchase. (c) Cash sale per cash register tape, R5400. Cost of sale amounted to R 3630
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