BUSI 1003 Lecture 5: Business Transactions
1 Dec 2015
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Gasoline for the company automobile was purchased for cash. Business transactions: automobile (a) and cash (a, , cash decreases by . Ingrid lencz paid out of her own pocket for lunch: cash (a, , cash decreases by . Ingrid s personal car was damaged and needed a repair job: cash (a) and automobile (a, , cash decreases by . A service was performed for a customer who paid cash: cash (a) and accounts receivable (a, , cash increases by . A leased computer broke down and needed replacement at no cost to the business. The technician who bought the replacement stated that it was a ,500 model: office supplies (a, , office supplies decreases by . A customer who owed the business made a partial payment of : cash (a) and accounts receivable (a, , cash increases by and accounts receivable decreases by .
