Question: Recently, Kate Cameron formed a management accounting practice as a proprietorship. The balance of each item in the proprietorship accounting equation follows for November 16

Recently, Kate Cameron formed a management accounting practice as a proprietorship. The balance of each item in the proprietorship accounting equation follows for November 16 and for each of the eight following business days:
Recently, Kate Cameron formed a management accounting practice as a

Required
Assuming that a single transaction took place on each day, describe briefly the transaction that was most likely to have occurred. Begin with November 17 and complete up to November 26. Indicate which accounts were affected and by what amount. Assume that no revenue or expense transactions occurred on these dates.

Accounts Owner's Cash Receivable Supplies Furniture Payable Equity $6,000$19,000 6,000 19,000 5,000 19,000 ,500 19,000 5,500 21,000 4,500 21,000 4,500 21,000 4,500 21,000 4500 20,000 AccountsOffice Nov. 16 $6,000 $10,000 9,000 17 7,000 18 6,000 196,000 20 8,000 23 7,000 9,000 24 9,000 9,000 25 8,5009,000 26 7500 $1,000 1,000 1,000 1,500 1,500 1,500 1,500 2,000 2,000 $8,000 8,000 8,000 8,000 )(ii) 8,000 94810 9,000 9,000

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