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The transactions of Kamat Travel Services during a month are as follows. State whether each transaction resulted in increase or decrease or had no effect
The transactions of Kamat Travel Services during a month are as follows.
State whether each transaction resulted in increase or decrease or had no effect on the company's assets, liabilities and equity. Consider the total effect on assets, liabilities and equity.
tableTransactionsAssets,Liabilities,Equity Bought furniture for cash,,, Received amount due from a customa,,, Bought a car on credit,,, Paid amount due to a supplier,,,table Appointed office assistant Received cach for sentreetattable Received cash for services to be provided nextmonth Provided services on credittable Provided services on credit. Received interes on hanldtable Sold unused equipment at purchase price Owner invested cash in the bncines Owner invested cash in the business,,,
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