For each of the following transactions, record them showing the accounting equation and their explanation, for the books of Pilikwe Trading Store for the month of May 2022. 01/05/22 The owner issued stock for cash or assets P 6 000. 02/05/22 Bought Printers, computers by credit. 03/05/22 Sold Furniture for cash P 900 to pay off liabilities. 04/05/22 Purchased Machinery P 1 000 cash, using loan and equity. 05/05/22 Cash sales of P 700. 06/05/22 Paid for rental P 200 cash. 07/05/22 Accrued expenses P 100. 08/05/22 Paying outstanding debt of P 500. 09/05/22 Purchased goods for cash P 20 000. 10/05/22 Malaka bought goods on credit P 6 000.

Q&A Education