Question: Current Attempt in Progress Karen White opened her interior design firm, KM Designs. Transactions made by KM Designs for the month of August are

Designs. Transactions made by KM Designs for the month of August are

shown below. 1. The owner invested $16,000 cash in the business. 2.

The company purchased $6,400 of office equipment on credit. 3. The company

received $4,800 cash in exchange for services performed. 4. The company paid

$640 for utilities in August. 5. The owner withdrew $1,600 cash for

Current Attempt in Progress Karen White opened her interior design firm, KM Designs. Transactions made by KM Designs for the month of August are shown below. 1. The owner invested $16,000 cash in the business. 2. The company purchased $6,400 of office equipment on credit. 3. The company received $4,800 cash in exchange for services performed. 4. The company paid $640 for utilities in August. 5. The owner withdrew $1,600 cash for personal use.

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