Transaction  Assets  Liabilities   Capital  a) The owner brought in his furniture for business use        b) Bought motor van on credit for business use        c) Deposited cash into a bank        d) Sold goods on credit to Ayoyo Sdn Bhd        e) Paid creditor Imran Enterprise by cheque        f) Bought goods on credit from Batani Enterprise        g) The owner invested additional cash into business        h) Goods are returned by Batani Enterprise because damage        i) Received a loan from OACC Bank

Are there any regulations or procedures in place for source documentation and receipts for payments or purchases made by the nonprofit organization? Is it any difference whether you pay with petty cash, a cheque, or a credit card?

9. Paid $400 to SPR Electric for accounts payable due. Identify the two parties to this transaction. Describe the activity of each party Which party is being accounted for Describe the impact on company value Describe the portions of the transaction occurring currently and describe portions of transaction that is being deferred (postponed) Was cash exchanged in the transaction? What accounts are impacted when cash is not transferred during a transaction?

matching question.