Indicate the balance sheet items which would be affected by the following transactions (a) Purchase of a lawn mower by cheque (b) Sale of goods on credit...

Indicate the balance sheet items which would be affected by the following transactions
(a) Purchase of a lawn mower by cheque
(b) Sale of goods on credit to Mwangi
(c) A debtor pays by cash
(d) The owner converted his personal car into a business asset

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- Lawn mower and Bank
- Stock and Creditor Mwangi
- Debtor and cash in Hand
- Motor vehicle and capital

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Kavungya answered the question on April 3, 2019 at 11:40

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