Question: Please help I am not sure why it's partially wrong. On April 1, Michelle Walker established Walkers Travel Agency. The following transactions were completed during

Please help I am not sure why it's partially wrong.

On April 1, Michelle Walker established Walkers Travel Agency. The following transactions were completed during the month.

1. Invested $15,000 cash to start the agency.
2. Paid $500 cash for April office rent.
3. Purchased equipment for $3,600 cash.
4. Incurred $600 of advertising costs in the Chicago Tribune, on account.
5. Paid $500 cash for office supplies.
6. Performed services worth $10,000: $2,800 cash is received from customers, and the balance of $7,200 is billed to customers on account.
7. Withdrew $600 cash for personal use.
8. Paid Chicago Tribune $400 of the amount due in transaction (4).
9. Paid employees' salaries $2,800.
10. Received $4,200 in cash from customers who have previously been billed in transaction (6).

Please help I am not sure why it's partially wrong. On April

1, Michelle Walker established Walkers Travel Agency. The following transactions were completed

Your answer is partially correct. Complete the tabular analysis of the transactions. (If a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example.) WALKER'S TRAVEL AGENCY Assets Liabilities Accounts Receivable Accounts Payable Owner's Capital Cash Supplies Equipment 1. $ 15,000 $ i $ i i $ i $ 15,000 2. -500 i i i i 3. -3,600 i i 3,600 4. i i 600 5. -500 i 500 i i i 6. 2,800 7,200 i i i 7. -600 i i 8. -400 i i i -400 i 9. -2,800 i i 10. 4,200 -4,200 i i i 13,600 $ 3,000 $ 500 3,600 $ 200 A 15.000 A A Owner's Equity Owner's Drawings + Revenues - Expenses $ $ i i 500 i i i 600 i 10,000 600 i i i 2,800 i $ 600 $ 10,000 $ 3,900

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