Analyze on the equation analysis sheet the following transactions for Carolyn Dietze, the owner of Nu-Look Dry Cleaning Company, located in Salmon Arm, B.C. Do not calculate new balances after every transaction. Complete the "totals" row at the bottom of the equation analysis sheet and show that the equation still balances. (27 Marks - APPLICATION)

1. Invested $10 000 cash in her business.

2. Purchased dry cleaning equipment from Standard Cleaning Company at a cost of $6 500 ($3 500

cash was paid at the time of purchase and the balance was to be paid at a later date).

3. Received $1 600 cash for services rendered during the month.

4. Gave $600 cash to the bank for the purpose of reducing a bank loan.

5. Repaired dry cleaning equipment at a cost of $400. Paid cash.

6. Sold land (which is included in the Land figure at a value of $8 000) for $15 000 cash.

7. Paid Standard Cleaning Company the balance of the amount owing, $3 000.

8. Performed a cleaning service for George Sillaby and charged him $35. He will pay later.

What will be the transactions made?

Assets and liabilities

owners equity?