《会计英语》 Chapter 4电子课件.pptVIP

4.3 The Effect of Business Transactions upon the Accounting Equation Transaction(2)：Bought supplies for cash，$300. In this case，Mr.D.Haff is substituting one asset for another.He is receiving(＋) the asset Supplies and paying out(-) the asset Cash.Note that the Capital of $4 000 remains unchanged. Assets ＝Liabilities＋Owner’s Equity Cash＋Supplies S.Smith，Capital $4 000 $4 000 -$300＋$300 $3 700＋$300 ＝＋$4 000 4.3 The Effect of Business Transactions upon the Accounting Equation Transaction(3)：Bought office furniture from