Question: everything on the last part in red is incorrect please help Selected transactions for Blue Spruce Company during its first month in business are as


Selected transactions for Blue Spruce Company during its first month in business are as follows. Sept.1 Invested $10,000 cash in the business. 5 Purchased equipment for $11,000 paying $4,100 in cash and the balance on account. 25 Paid $2.800 cash on balance owed for equipment. 30 Withdrew $700 cash for personal use. Spruce's chart of accounts shows No. 101 Cash, No. 157 Equipment, No. 201 Accounts Payable. No.301 Owner's Capital, and Na. 306 Owner's Drawings. Account Titles and Explanation Debit, Credit ouners capital Equapment socouns payable cash owners orawnes Cash No. 101 Balance uipment Mo.157 \begin{tabular}{c} Date \\ \hline septs Y \\ \hline \end{tabular} Explanation Ref Debit j1 poounts Payable No. 201 Explanation Ref Debit Credit: Balance j1 noner's Capital J1 Date Explanation Ref Debit Credit Mo.301 j1. ener's Dravings Date Explanation Ref Debit Credit Balance
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