At the end of September, Ron Ferlito decided to open his own typing service. Analyze the following transactions he completed by recording their effects in the expanded accounting equation.
a. Invested $15,000 in his typing service.
b. Bought new office equipment on account, $6,500.
c. Received cash for typing services rendered, $900.
d. Performed typing services on account, $3,600.
e. Paid secretary’s salary, $325.
f. Paid office supplies expense for the month, $150.
g. Rent expenses for office due but unpaid, $900.
h. Withdrew cash for personal use, $600.