Question: I need help determining the impact on equity for each transaction. options are no change, increased equity revenue, increase equity owner investment, decreased equity expense,

I need help determining the impact on equity for each transaction. options are no change, increased equity revenue, increase equity owner investment, decreased equity expense, decreased equity owner withdrawal. I know that 2,3,5,9,10,11,13 are wrong and need to be different-HELP please!

I need help determining the impact on equity for each transaction. options

are no change, increased equity revenue, increase equity owner investment, decreased equity

Transaction Impact on Equity Sept. 1) Collins invested $132,000 cash along with office equipment valued at $27,400 in a new sole proprietorship named CC Consulting Increased equity-Owner investment 159,400 Sept. 3) The company purchased land valued at $40,000 and a building valued at $162,400. The purchase is paid with $32,400 Increased equity - Revenue cash and a long-term note payable for $170,000 Sept. 5) The company purchased $4,400 of office supplies on credit. Increased equity - Revenue Increased equity - Owner investment Increased equity - Revenue Decreased equity - Expense Increased equity - Revenue Decreased equity - Expense Increased equity - Revenue Increased equity - Revenue No change in equity Decreased equity - Expense Increased equity - Revenue Decreased equity - Owner withdrawal Sept. 7) Collins invested a personal automobile in the company. The automobile has a value of $21,300 and is to be 21,300 exclusively in the business. Sept. 9) The company purchased $9,300 of additional office equipment on credit. Sept. 11) The company paid $2,250 cash salary to arn (2,250) 6,300 (1,400) assistant. Sept. 13) The company provided services to a client and collected $6,300 cash Sept. 15) The company paid $1,400 cash for this month's utilities Sept. 17) The company paid $4,400 cash to settle the account payable created on September 5 Sept. 19) The company purchased $20,300 of new office equipment by paying $20,300 cash Sept. 21) The company completed $7,000 of services for a client, who must pay within 30 days Sept. 23) The company paid $2,250 cash salary to an assistant. Sept. 25) The company received $5,000 cash in partial payment on the receivable created on September 21 Sept. 27) Collins withdrew $2,800 cash from the company for personal use (2,250) (2,800)

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