Question: Jack James decided to open an editing service in Vernon. Record the following transactions in the transaction analysis charts: A. Jack invested $3,500 in the

Jack James decided to open an editing service in Vernon. Record the following transactions in the transaction analysis charts:

A. Jack invested $3,500 in the editing service from his personal savings account.

B. Purchased office equipment on account, $1,875.

C. Rent expense was due but not yet paid, $425.

D. Performed editing services for cash, $2,100.

E. Billed clients for editing services provided, $1,490.

F. Jack paid a home repair bill from the company bank account, $175.

The chart of accounts for the business includes Cash; Accounts Receivable; Office Equipment; Accounts Payable; Jack James, Capital; Jack James, Withdrawals; Editing Fees Earned; and Rent Expense?

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