Robbie James began a new business called RJ Graphics, located in Moncton. The following transactions resulted: A.

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Robbie James began a new business called RJ Graphics, located in Moncton. The following transactions resulted:

A. Robbie invested $14,000 cash from her personal bank account in the graphics company.

B. Bought computer equipment on account, $3,500.

C. Paid $2,000 cash to reduce what was owed from Transaction B.

D. Purchased software for cash, $4,300.

Record these transactions in the basic accounting equation.

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College Accounting A Practical Approach

ISBN: 978-0132564441

11th Canadian Edition

Authors: Jeffrey Slater, Brian Zwicker

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