Managerial Finance for the Built Environment

Managerial Finance for the Built Environment

Financial Statements – Task 3

Tick the appropriate boxes to show which elements would change as a result of the transactions in the left-had column – more than one is usually affected and in some cases it will be “either /or”

  Asset Liability Equity Income Expense
Buy new plant  


Buy material on credit  


Issue new shares  


Sell good for more than they cost for cash  


Purchase some safety equipment for workers  


Purchase some goods for resale  


Receive a bill for tax  


Take out a bank loan  


Pay out a bank loan  


Pay bank interest  


Pay cheque into bank  


Make a lease payment for hired plant  


Pay some dividends  





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