Use the table provided in the Excel sheet identified as "Exercise 2, 3 and 4" to analyze and indicate the effect of the following transactions on the accounting equation. Security and more is managed by Manuel Ayala.

During the month of January, the following transactions were recorded: The company received cash for an owner investment of $ 18,000. A credit customer was offered a service for $ 6,000. Security and more paid an account that he had on credit for $ 1,500. $ 3,000 was received from the customer who had a credit account. Equipment for the security guards was purchased in cash for $ 2,100.

assets

=

liabilities

+

Capital

-

Drawing

+

Revenues

-

Expense

Cash

Equipment

Supplies

Account Receivables (Cuentas por cobrar)

Account Payable

Fee earned

Utilities expense

Rent Expense

Food Expense