Question: I've filled in the given information, yet when I click Check My Work, it says they are wrong. Any help on getting this answered would
I've filled in the given information, yet when I click "Check My Work, it says they are wrong. Any help on getting this answered would be wonderful. This doesn't seem that difficult, I started with the given invest cast up front, which was the S17,010, added the borrowed cash, subtracted the loan *(that's where it all falls apart). This is for Corporate Financial Accounting Chapter 1, MP.01-01

1-4 Problem Set: Chapters 1 and 2 Calculator Print Item 1. MP.01-01 The Accounting Equation 2. BE.01-01 GGE Enterprises Inc. Transactions 3. BE.01-02.Algo 4. BE.01-04 Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction details. component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance after require an entry, leave it blank. 5. BE.01-06 Transaction Assets = 6. BE.01-05.Algo Liabilities + Stockholders' Equity Beginning $0 $0 $0 7. BE.02-01 1. Investment in the business $17,010 $ $17,010 2. Borrow cash $ $7.860 $ 8. BE.02-02 3. Purchase equipment $16,570 X $8,300 X $ 9. BE.02-03 4. Revenues earned $ $297,200 X $297,200 X $86,300 X 5. Expenses incurred $210,900 X $ 10. BE.02-04 6. Dividends $ $ $ 11. BE.02-05 49 DEO907 1-4 Problem Set: Chapters 1 and 2 Calculator Print Item 1. MP.01-01 The Accounting Equation 2. BE.01-01 GGE Enterprises Inc. Transactions 3. BE.01-02.Algo 4. BE.01-04 Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction details. component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction, only the balance after require an entry, leave it blank. 5. BE.01-06 Transaction Assets = 6. BE.01-05.Algo Liabilities + Stockholders' Equity Beginning $0 $0 $0 7. BE.02-01 1. Investment in the business $17,010 $ $17,010 2. Borrow cash $ $7.860 $ 8. BE.02-02 3. Purchase equipment $16,570 X $8,300 X $ 9. BE.02-03 4. Revenues earned $ $297,200 X $297,200 X $86,300 X 5. Expenses incurred $210,900 X $ 10. BE.02-04 6. Dividends $ $ $ 11. BE.02-05 49 DEO907
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