Rick Fox decided to open his own typing service company at the end of November. Analyze the following transactions by recording their effects on the expanded accounting equation.

a. Rick invested $9,000 in the typing service.

b. Purchased new office equipment on account, $3,000.

c. Received cash for typing services rendered, $1,290.

d. Paid secretary’s salary, $310.

e. Billed customers for typing services rendered, $2,690.

f. Paid rent expense for the month, $500.

g. Rick withdrew cash for personal use, $350.

h. Advertising expense due but unpaid, $100.

 LO.1