Levine Legal Services had the following transactions: 1. Cash is paid for the purchase of $439 of

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Levine Legal Services had the following transactions:

1. Cash is paid for the purchase of $439 of office supplies.

2. Customer is billed $1,020 for services provided that day.

3. Equipment with a cost of $2,230 is purchased on account.

4. The current month?s utility bill of $293 is paid in cash.

5. Cash of $750 is received for services provided that day.

6. Cash of $7,100 is received for services to be provided in the next month.

For each transaction, prepare a basic analysis and a debit/credit analysis. Use the following format, in which the first one has been done for you as an example:

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Accounting Principles Volume 1

ISBN: 978-1119502425

8th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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