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Three of the following matches are incorrect. Please find the 3 that are wrong and correct them. Thanks! AgBiz Company specializes in selling bulk, bagged,
Three of the following matches are incorrect. Please find the 3 that are wrong and correct them. Thanks!
AgBiz Company specializes in selling bulk, bagged, and liquid fertilizer. It also offers custom fertilizer application. The following reflects the transactions that occurred at the company during the month of April 2022. Match the following transactions to its effect on Assets, Liabilities or Owner's Equity/Net worth. This is similar to performing a transaction analysis. On April 1, Owner places $29,000 of her own money into the A. Increase in Asset and Increase in Liabilities business bank account. B. Decrease in Asset and Decrease in Owner's Equity On April 4, Purchased fertilizers for $15,000 from Royalty C. Decrease in Owner's Equity and Increase in Liability Herbicides Company on account D. Increase in Asset and Decrease in Asset On April 5, Purchased fertilizers for $5,000 from Royalty Herbicides E. Increase in Asset and Increase in Owner's Equity Company with cash On April 8, Cash sales to a Viking Farm for $100,000 , On April 12, Viking Farm returns $10,000 worth of fertilizer that was purchased on April 8 On April 24, Owner withdraws $2,000 from the bank for own private use. On April 25, Paid $4,000 cash for rent of storage space for the next six months. On April 28, Incurred advertising expense for May of $1,200 on account. On April 29, Incurred salaries and wages expense for May of $1,200 with cash A. V On April 29 , Credit sales to a customer of $10,000Step by Step Solution
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