Question: Create a table in MS Excel with each of the following accounts and indicate their effect on the accounting equation. To open the business, he

Create a table in MS Excel with each of the following accounts and indicate their effect on the accounting equation.

  • To open the business, he deposited $ 45,000 of his personal funds as an investment.
  • He bought office supplies for $ 1,000 on credit.
  • Received $ 2,000 cash income from providing a service.
  • He paid the basic services (utilities expenses) for $ 400.00.
  • Paid $ 300 for supplies purchased on credit.
  • He received income from services rendered of $ 4,000 in cash.
  • Provided a service to a client for $ 3,000 on credit.
  • You paid wages of $ 1,800 to an employee.
  • He made a withdrawal of $ 200.00 for his personal use.

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