James Nelson began a real estate agency, and completed seven transactions. The transactions included a cash investment by Nelson, a purchase on credit, and other cash transactions. After completing these transactions, he prepared the trial balance that follows. Analyze the trial balance and prepare a list describing each transaction and its amount.

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JAMES NELSON, REALTOR Trial Balance November 7, 1990 Cash... Office supplies Prepaid insurance. Office equipment Accounts payable. James Nelson, capital James Nelson, withdrawals. Commissions earned Advertising expense. Totals .. $ 5,925 225 2,700 6,000 $ 6,000 7,500 3,000 4,500 150 $18,000 $18,000