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A B Name: Section: Date: (B) 1. (P1-3A) At the end of June, Rick Fontan of Comer Brook decided to open his own computer service,

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A B Name: Section: Date: (B) 1. (P1-3A) At the end of June, Rick Fontan of Comer Brook decided to open his own computer service, Fontan Computer Service. Analyze the following transactions he completed by recording their effects in the accounting expanded equation. A. Invested $25,000 in his computer service. B. Bought new computer equipment on account, $2,500. C. Received cash for computer services rendered, $800. D. Performed computer services on account, $2,100. E. Paid part-time secretary's salary, $275, F. Paid office supplies expense for the month, $170 G. Rent expense for office due but not yet paid, $1,200. H. Rick Fontan withdrew cash for personal use. $700. 2. (P1-4A) Jane West, owner of West's Stencilling Service in Grand Prairie, has requented that you prepare from the following balances (a) an Income Statement for June 2022 (b) Statement of Owner's Equity for June, and (c) a balance sheet as of June 30,2022

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