I'm not really sure where I am going wrong in my math?

Homework Ch 2 0 Saved Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. 2 1.25 Below is a list of activities for Purple Cow Incorporated. points Problem 2-2A Analyze the impact of transactions on the accounting equation (L02-2) Required: For each activity, indicate the impact on the accounting equation. After doing so for all transactions, ensure that the accounting equation remains in balance. The rst item is provided as an example. (Decreases to account classifications should be entered as a negative.) 0 Answer is complete but not entirely correct. 1. Provide services to customers on account, $1,600. $ 1,600 $ 0 $ 1,600 2. Pay $400 for current month's rent. $ (400) 0 $ (400) Q 3- 21:": new employee, who WIII be pald $500 at the end of each $ 0 0 $ 0 0 $ 0 0 4. Pay $100 for advertising aired in the current period. $ (100) 0 $ (100) 0 5. Purchase ofce supplies for $400 cash. $ 400 0 $ 0 0 $ (400) 0 6. Receive cash of $1,000 from customers in (1) above. $ 1,000 0 $ 0 0 $ 0 Q s (1 ,000) o 7. Obtain a loan from the bank for $7,000. $ 7,000 o $ 7,000 o $ 0 o 8. Receive a bill of $200 for utility costs in the current period. 3 0 o $ 200 o $ (200) o 9. Issue common stock for $10,000 cash. $ 10,000 0 $ 10,000 0 10. Pay $500 to employee in (3) above. $ (500) 9 $ (500) 9 Totals 3 17,900 9 $ 7,200 Q 3 10,400