Analyzing Business Transactions

Analyzing Business Transactions

Multiple Choice

From whose point of view do we analyze business transactions?

• Business

• Owner

Let's begin!

Analyzing Business Transactions

Open Ended

VALUE RECEIVED: Purchased supplies for cash

Open Ended

VALUE PARTED WITH: Purchased supplies for cash

Open Ended

VALUE RECEIVED: Purchased equipment on account

Open Ended

VALUE PARTED WITH: Purchased equipment on account

Open Ended

VALUE RECEIVED: The owner invested cash in the business

Open Ended

VALUE PARTED WITH: The owner invested cash in the business

Open Ended

VALUE RECEIVED: Paid the equipment bought on account

Open Ended

VALUE PARTED WITH: Paid the equipment bought on account

Open Ended

VALUE RECEIVED: Borrowed money from the bank to be used by the business

Open Ended

VALUE PARTED WITH: Borrowed money from the bank to be used by the business

Open Ended

VALUE RECEIVED: The owner withdrew cash from the business

Open Ended

VALUE PARTED WITH: The owner withdrew cash from the business

Open Ended

VALUE RECEIVED: Purchased furniture and fixtures on account

Open Ended

VALUE PARTED WITH: Purchased furnitures and fixtures on account

Open Ended

VALUE RECEIVED: Returned defective furniture bought on account

Open Ended

VALUE PARTED WITH: Returned defective furniture bought on account

Open Ended

VALUE RECEIVED: Purchased additional supplies on account

Open Ended

VALUE PARTED WITH: Purchased additional supplies on account

Open Ended

VALUE RECEIVED: Paid half of the loan

Open Ended

VALUE PARTED WITH: Paid half of the loan