1 M N O Q 6 7 1 Hon Smith opens apartment Locator business near a college campus. The Company will be named Campus Apartment Locators. During the first month of operations, 2038, the business completes the following transactions Smith Contributes $15,000 to the baniness. The nines res capital to smith Purchases $350 of office supplies on account PwCash of 530,000 to a tot el tocampus Locates apartments for cients and receives cash of S1,900 Pwy 5100 on the accounts payable the business created in Transaction Pays cash expenses for office rent, 5400, and utilities $100 Sanith withdrew cash of $1,200 9 10 it e 1. 12 23 14 15 16 17 in 19 20 R1 Requirement 1 Analyse the preceding transactions in terms of the effects on the accounting equation of Camus Apartment locators. 2 Prepare the income statement statement of owner's way balance sheet. me the trees and the design of the teacher como Assets Liabilis Cash Office Land Accounts Sanith Seth Payable Capital Wadawa Equity Service Mervence Rent Expen 1 M N O Q 6 7 1 Hon Smith opens apartment Locator business near a college campus. The Company will be named Campus Apartment Locators. During the first month of operations, 2038, the business completes the following transactions Smith Contributes $15,000 to the baniness. The nines res capital to smith Purchases $350 of office supplies on account PwCash of 530,000 to a tot el tocampus Locates apartments for cients and receives cash of S1,900 Pwy 5100 on the accounts payable the business created in Transaction Pays cash expenses for office rent, 5400, and utilities $100 Sanith withdrew cash of $1,200 9 10 it e 1. 12 23 14 15 16 17 in 19 20 R1 Requirement 1 Analyse the preceding transactions in terms of the effects on the accounting equation of Camus Apartment locators. 2 Prepare the income statement statement of owner's way balance sheet. me the trees and the design of the teacher como Assets Liabilis Cash Office Land Accounts Sanith Seth Payable Capital Wadawa Equity Service Mervence Rent Expen