Given:

Answer:

Enter each transaction in the appropriate columns of the expanded accounting equation. Recalculate new balances after entering each transaction (If a box is not used in the transaction line, balance line, or has a zero balance, leave the box empty; do not enter a zero. enter decreases with a minus sign or parentheses.)

a. Invested $11,000 in his computer service. b. Bought new computer equipment on account, $6,000. C. Received cash for computer services rendered, $600. d. Performed computer services on account, $3,600. e. Paid secretary's salary, $250. Paid office supplies expense for the month, $200. g. Rent expenses for office due but unpaid, $600. h. Withdrew cash for personal use, $800. + a. Invested $11,000 in his computer business. Assets - Liabilities Cash + Accounts + Computer = Accounts Receivable Equipment Payable + Owner's Equity R. Fallon Computer Withdrawals Services + R. Fallon, Capital Expenses + + + Bal + +