Part A

Record the following transactions in the basic accounting equation:

a. Brian invests $10,000 cash to begin an accounting service.

b. The company buys office furniture for cash, $600.

c. The company buys additional office furniture on account, $300.

d. The company makes a payment on the office furniture, $200.

Brian's Accounting Service

ASSETS = LIABILITIES + OWNER'S EQUITY

Cash + Office Furniture = Accounts Payable + Brian's Capital

a.

b.

c.

d.