You are on page 1of 1

TRANSACTION VALUE RECEIVED VALUE PARTER

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

8. Paid salaries of Services Cash


employees
9. Purchased supplies on Supplies Debt or obligation to pay
account
10. Paid the liabilities Cancellation of the Cash
obligation to pay
11. Received cash as Cash Right to collect from a
payment of debt owing debtor
to the business
12. Received cash for Cash Advertising Services
advertising services
rendered
13. Rendered advertising Right to collect Advertising Services
services on account
14. Collected the Cash Right to collect
advertising fees in # 13
15. Purchased merchandise Merchandise Cash
on cash basis
16. Purchased merchandise Merchandise Debt or obligation to pay
on account
17. Sold merchandise for Cash Merchandise
cash
18. Sold merchandise on Right to collect Merchandise
account

You might also like