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1- Hamad Ahmed started his business in name of HANADCO CLEANING SERVICES. He completed the following transactions during June 2002: 1st Deposited BD8000 in the

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1- Hamad Ahmed started his business in name of HANADCO CLEANING SERVICES. He completed the following transactions during June 2002: 1st Deposited BD8000 in the bank as capital 11th Bought cleaning equipment on account for BD 1600 17th Received check BD 1200 for performing cleaning services. Issued a check for the monthly rent BD 150 19th 25th Sold cleaning equipment BD 600 on account Required: Show the effect of each transaction on the Basic Accounting Equation. Liabilities + OE Assets Cleaning Date Account Account Remark Cash Equipment Receivable Payable Total Balance 11 Capital

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