Anderson, Inc. provides personal training to busy executives in Manhattan. Anderson's rate sheet is shown below:...

  

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Anderson, Inc. provides personal training to busy executives in Manhattan. Anderson's rate sheet is shown below: Type of Training: Private personal training Group corporate training (limited to 20 participants) Anderson had the following transactions in August 2013: Jim Anderson, the sole stockholder invested $50,000 in Anderson, Inc. Purchased gym equipment for $85,000 and signed a promissory note. Hired a Website developer to create a Website and paid her a $4,000 advance. Purchased office supplies on account. 7 10 14 16 18 Hourly rate: $100 $2,500 20 25 30 31 Printed marketing materials for distribution at a cost of $800. Trained 20 out of shape, but wealthy stockbroker's, using high intensity interval training. Invoiced their Fortune 100 company for $2,500. Mailed marketing materials via US Postal Service for $120. Conducted personal training sessions for 16 clients on account. Collected $2,500 from the August 18 trainings. Paid the bank $500 toward the loan dated August 7, 2013. Determine how each transaction affected Anderson's assets. Anderson, Inc. provides personal training to busy executives in Manhattan. Anderson's rate sheet is shown below: Type of Training: Private personal training Group corporate training (limited to 20 participants) Anderson had the following transactions in August 2013: Jim Anderson, the sole stockholder invested $50,000 in Anderson, Inc. Purchased gym equipment for $85,000 and signed a promissory note. Hired a Website developer to create a Website and paid her a $4,000 advance. Purchased office supplies on account. 7 10 14 16 18 Hourly rate: $100 $2,500 20 25 30 31 Printed marketing materials for distribution at a cost of $800. Trained 20 out of shape, but wealthy stockbroker's, using high intensity interval training. Invoiced their Fortune 100 company for $2,500. Mailed marketing materials via US Postal Service for $120. Conducted personal training sessions for 16 clients on account. Collected $2,500 from the August 18 trainings. Paid the bank $500 toward the loan dated August 7, 2013. Determine how each transaction affected Anderson's assets.

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