Account
Motor Vehicle is a type of
What is an Asset?
Bought machinery by cheque
What are machinery and bank?
Bought Fixtures by cheque
What are fixtures?
Bought Furniture by cheque
What is bank?
When owners invest in the business.
What is a Capital?
Bought buildings on credit from C. Ramsey
What are buildings and C. Ramsey?
Sold motor van for cash
What is a cash?
Paid the amount owed to M. Devon by cash
What is cash?
When the business buy on credit
What is a liability?
Sold equipment for cash
What are equipment and cash?
Paid P. Singh by cash
What is P. Singh?
Took loan from N. James to open bank account.
What is a N. James?
Fixtures is a type of
What is an asset?
Introduction of cash by owner
What are capital and cash?
Bought computer by cash
Sold tractor on credit to G. Lomy
What is a tractor?