The Demonstration Problem below includes an Action Plan and electronic Working Papers (in Excel). Download the Working Papers and complete the problem, using the Action Plan (be sure to save your work). Once you've completed the problem, you can compare to the Solution, also available below. Problem 1 Selected transactions for R. Song, an interior decorator, in her first month of business are as follows: Jan. 2 Ruija Song invested $10,000 cash in her business. 3 Purchased a used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services provided. 16 Paid $350 cash for advertising. 20 Received $900 cash from customers billed on January 11. 23 Paid $300 cash on balance owed from January 9 transaction. 28 Owner withdrew $1,000 cash for personal

The Demonstration Problem below includes an Action Plan and electronic Working Papers (in Excel). Download the Working Papers and complete the problem, using the Action Plan (be sure to save your work). Once you've completed the problem, you can compare to the Solution, also available below. Problem 1 Selected transactions for R. Song, an interior decorator, in her first month of business are as follows: Jan. 2 Ruija Song invested $10,000 cash in her business. 3 Purchased a used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services provided. 16 Paid $350 cash for advertising. 20 Received $900 cash from customers billed on January 11. 23 Paid $300 cash on balance owed from January 9 transaction. 28 Owner withdrew $1,000 cash for personal The Demonstration Problem below includes an Action Plan and electronic Working Papers (in Excel). Download the Working Papers and complete the problem, using the Action Plan (be sure to save your work). Once you've completed the problem, you can compare to the Solution, also available below. Problem 1 Selected transactions for R. Song, an interior decorator, in her first month of business are as follows: Jan. 2 Ruija Song invested $10,000 cash in her business. 3 Purchased a used car for $3,000 cash for use in business. 9 Purchased supplies on account for $600. 11 Billed customers $2,400 for services provided. 16 Paid $350 cash for advertising. 20 Received $900 cash from customers billed on January 11. 23 Paid $300 cash on balance owed from January 9 transaction. 28 Owner withdrew $1,000 cash for personal