A dog training business began on December 1. Use additions and subtractions to show the dollar effects of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. December 1 Receives $20,000 cash as an owner investment. Pays $6,000 cash for equipment. December 2 December 3 December 4 December 7 Pays $3,600 cash (insurance premium) for a 12-month insurance policy. Coverage began on December 1. Pays $1,000 cash for December rent expense. Provides all-day training services for a large group and immediately collects $1,100 cash. December 8 Pays $200 cash in wages for part-time help.

A dog training business began on December 1. Use additions and subtractions to show the dollar effects of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. December 1 Receives $20,000 eash as an owner investment. December 2 pays $6,000 cash for equipitent. Deceaber 3 Paya $3,600 cash (insurance premiun) for a 12 month insurance policy. Coverage began on December 1 . December 4 Pays $1,000 eash for December rent expense. December 7 Provides all-day training services for a large group and immediately collects $1,100 cash. December 8 Pays $200 cash in wages for part-tine help. A dog training business began on Dectember 1. Use additions and subtractions to show the dollar effects of each transaction on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. Decenber 1 Receives $20,000 cash as an ower investnebt. Decenber 2 Pays $6,000 cash for equipment. Decenber 3 Pays $3,600 eash (insurance premium) for a 12-month insurance poliey. Coverage began oa Decenber 1 . Decerber 4 Pays $1,000 eash for Decenber rent expense. December 7 Provides all-day training services for a large growp and immodiately collects $1,100 cash. Decenber Pays $200 cash in vages for part-tine help