SECTION 4 - Using the accounting equation, show the following tansactions: Patty Miler is the owner of Sunny Ess, selling eegs to local clients. Record the following At the end of June, Miss Miller decided to enlarge the business to include chicksal Example al Current investment: $9,000 in cash, 54,200 exes and $7,200 chicks 8) Purchased additional equipment for $1,500 cash. b) Purchased cages and equipment for $2,250 in cash h) Purchased fertile eps on account from Farmers Mercantile, 2500 c) Bought feed and es cartons on account from Farmers Mercantile, 54,750. Sold eses costing $2,000 for $5,100 cash. d) Sold eggs costing $1,300 for $3,300 cash. 1) Sold chicks for $4,200, cost of $1,750. e) Paid wages and miscellaneous expenses$875. k) Paid Farmers Mercantile in full of account. 1) Pald Farmers Mercantile $3.750 on account Pald salaries and miscellaneous expenses, $1,250. ASSETS LIABILITIES Cash + ES Chicks Equipment Supplies Farmers Merchandise 5 9.000.00 . $ 4,200.00 $ 7,200.00 a) b) + + + . . + + + + + . e] + . 0 + . . + . + . . + + + + + - + + + + + + + + + . + . Totals Balance counting equation, show the following tansactions: melling eggs to local clients. Record the following At the end of June, Miss Miller decided to enlarge the business to include chick sales. Record 5,200 eggs and $7,200 chicks e) Purchased additional equipment for $1.500 cash. 2,250 in cash. h) Purchased fertile eggs on account from Farmers Mercantile, 2500 int from Farmers Mercantile, $4,750. 1) Sold eggs costing 52,000 for $5,100 cash. Sold chicks for $4,200, cost of $1,750. es, $875. k) Paid Farmers Mercantile in full of account count. 1) Paid salaries and miscellaneous expenses. $1,250. ASSETS LIABILITIES EQUITY + 5 Chicks Equipment + Supplies Farmers Merchandise + Patty Miller 00.00 + IS 7,200.00 + . + $ 20,400.00 + + + - + 4 + + + - + + + + - + + + + + + + + + + + + + + +