Record the following transactions into the expanded accounting equation.

1. B. Begg invested $ 65,000 in Begg's Computer Company.
2. Bought computer equipment on account, $ 7,000.
3. Paid personal telephone bill from company bank account, $ 75.
4. Received cash for services rendered, $ 13,800.
5. Billed customers for services rendered for the month, $ 30,200.
6. Paid current rent expense, $ 3,500.
7. Paid supplies expense, $1480.

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Part 1

Record the following transactions into the expanded accounting equation.

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Part 1

Enter each transaction in the appropriate columns of the expanded accounting equation.

a. B. Begg invested $ 65 comma 000 in Begg's Computer Company. (Complete only the necessary answer boxes. Enter decreases with a minus sign or parentheses.)

Assets=Liabilities +Owner's Equity

Cash +Accounts Receivable Computer Equipment=Accounts Payable. Begg, Capital-B. Begg'Withdrawals+Revenues-Expenses

Record the following transactions into the expanded accounting equation.

A.

B. Begg invested $ 65,000 in Begg's Computer Company.

B.

Bought computer equipment on account, $ 7,000.

C.

Paid personal telephone bill from company bank account, $ 75.

D.

Received cash for services rendered, $ 13,800.

E.

Billed customers for services rendered for the month, $ 30,200.

F.

Paid current rent expense, $ 3,500.

G.

Paid supplies expense, $1480.

Question content area top

Part 1

Record the following transactions into the expanded accounting equation.

LOADING... (Click the icon to view the transactions.)

Question content area bottom

Part 1

Enter each transaction in the appropriate columns of the expanded accounting equation.

a. B. Begg invested $ 65 comma 000 in Begg's Computer Company. (Complete only the necessary

answer boxes. Enter decreases with a minus sign or parentheses.)

Assets=Liabilities +Owner's Equity

Cash +Accounts Receivable Computer Equipment=Accounts Payable. Begg, Capital-B.

Begg'Withdrawals+Revenues-Expenses