27:15 ok ht nces equation remains in balance. The first item is provided as an example. (Decreases to account class negative.) Transaction 1. Provide services to customers on account, $1,730. 2. Pay $320 for current month's rent. 3. Hire a new employee, who will be paid $630 at the end of each month. 4. Pay $110 for advertising aired in the current period. 5. Purchase office supplies for $320 cash. 6. Receive cash of $1,130 from customers in (1) above. 7. Obtain a loan from the bank for $8,300. 8. Receive a bill of $470 for utility costs in the current period. 9. Issue common stock for $11,300 cash. 10. Pay $630 to employee in (3) above. Totals $ $ CA $ SASA $ $ $ $ $ $ Assets 1,730 (320) 0 (110) (320) 1,130 8,300 0 11,300 (630) - Liabilitie $ $ $

equation remains in balance. The first item is provided as an example. (Decreases to account clas negative.)