$1$

Problem $2\mathrm{.}2$A $($Algo$)$ Analyzing the effects of transactions on the accounting equation. LO $2-1,2-2,2-3$

Kawonza Carter is a painting contractor who specializes in painting commercial buildings. At the beginning of June, her firm's financial records showed the following assets, liabilities, and owner's equity.

$\backslash$table$[[$Cash$,$$$60,600$