in Kingbird, Inc., land decreased $342900 because of a cash sale for $342900, the equipment account increased $114300 as a result of a cash purchase, and bonds payable increased $381000 from issuance for cash at face value. The net cash provided by investing activities is $228600. $266700. $609600. $342900.

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is