2. Rob has 8,658 in his business bank account on 1st June 2016. On 3...
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Accounting
2. Rob has 8,658 in his business bank account on 1st June 2016. On 3 June he lodges a cheque from an account receivable of 6,620. On 6 June he purchases a non-current assets for 9,020, paying by cheque. On 8 June he draws his monthly salary of 1,000. On 12 June he lodges a cheque for 15,000 in respect of a loan he has received from the bank. Capita nonwob What is the effect of these transactions on Rob's net assets? lood a. Decrease net assets by 1,000 Y 20wo box 5 b. Decrease net assets by 16,000 X 2owo bsiimid C. Increase net assets by 15,000 op blozeer betimi d. Decrease net assets by 15,000 blo 2nd belim Yb
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