$8$

Required information

Brief Exercise $2-10($Algo$)$ Analyze the impact of transactions on the accounting equation, record

transactions, and post $($LO$2-2,2-3,2-4,2-5)$

$[$The following information appiles to the questions displaynd below.$]$

The following transactions occur for the Wolfpock Shoe Comparty during the month of June:

a$.$ Prowde services to customers for $$24,000$ and recelve cash.

b$.$ Purchase office supples on account for $$14,000.$

c$.$ Pay $$5,900$ in salaries to employees for work performed during the month.

Brief Exercise $2-10($Algo$)$ Part $1$

Analyze each transaction. For each transaction, Indicate by how much each category in the accounting equation increases or

decreases. $($Decreases to account classifications should be entered as a negative.$)$