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1.15. On June 1, Bob Friend land started his lawn care service. Listed below are the transactions for the month of June. Record the transactions

1.15. On June 1, Bob Friend land started his lawn care service. Listed below are the transactions for the month of June. Record the transactions on the blank form which follows.

June 1 Invested $2,200 cash and equipment with a book value of $ 3,500

5 Received $375 for lawn care service

7 Received $1,100 for lawn care service

11 Purchased equipment for $2,000 paying $1,000 cash and giving a note for

$1,000 for the remainder

15 Paid gas bill, $275

19 Withdrew $200 cash for personal use

21 Purchased supplies for $100 on account

25 Paid $400 on outstanding note (see June 11 transaction)

30 Received $925 for lawn care service

Using information above and prepare accounting equation using the below form

Cash + Supplies + Equipment = Accounts Payable + Notes Payable + Capital

June 1

June 5

Balance

June 7

Balance

June 11

Balance

June 15

Balance

June 19

Balance

June 21

Balance

June 25

Balance

June 30

Balance

June 30

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