9, using the following headings for the columns: Cash; Ac¬ counts Receivable; Office Supplies; Office Equipment; Building; Accounts Payable; Notes Payable; N. Mitchell, Capital; N. Mitchell, Withdrawals; Revenues; and Expenses.

2 . Use additions and subtractions within the table created in part 1 to show the dollar effects of each trans¬ action on individual items of the accounting equation. Show new balances after each transaction.

3 . Once you have completed the table, determine the company’s net income.