Complete the columns to show the effects of the following transactions;
Effect upon
Assets Liabilities Capital
(a) Bought a van on credit £8,700.
(b) Repaid by cash a loan owed to F Duff £10,000.
(c) Bought goods for £1,400 paying by cheque.
(d) The owner puts a further £4,000 cash into the business.
(e) A debtor returns to us £150 goods. We agree to make an
allowance for them.
(f) Bought goods on credit £760.
(g) The owner takes out £200 cash for his personal use
(h) We pay a creditor £1,150 by cheque.