Professional Documents
Culture Documents
WITH
1. Mr. G, the owner, Cash and Non-Cash Right of the owner over the
invested cash and Asset assets in the business
noncash assets
2. Mr. G. withdrew cash Reduction of the right of the Cash
for personal use owner over the assets of the
business
3. Bought furniture on Furniture Cash
cash basis
4. Bought typewriters on Typewritters Debt or obligation to pay
account
5. Sold some furniture no Cash Furniture
longer used in the
business
6. Sold one typewriter on Right to collect Typewritters
account
7. Paid rent of the building Right to use the building