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What is Financial Transactions and Balance Sheet about?

The balance sheet shows transactions from June 1-12, 2015 involving equity investment of $3,000 which was used to purchase cash. Cash was then used to purchase property, plant & equipment (PP&E) and raw materials, and a portion was used to pay trade payables. Assets including cash, PP&E and raw materials increased while cash and equity decreased as funds were invested in the company and liabilities for trade payables were recognized.

Author

Sourav Singh

Language

EN