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ASSIGNMENT 1 ( 1 0 marks ) Mr Walt Disney started his own service company, Frozen Ice Ltd . , on February 1 , 2

ASSIGNMENT 1(10 marks)
Mr Walt Disney started his own service company, Frozen Ice Ltd., on February 1,2023. The following transactions occurred during the month of February:
\table[[Feb 1,Walt invested $6,000 cash in the business.],[Feb 3,Purchased $200 of supplies using cash.],[Feb 5,Received a bill of $420 for advertising on Daily Tribune News website.],[Feb 12,Performed $2,990 of services on credit.],[Feb 15,Walt withdrew $20 cash for a personal lunch.],[Feb 17,Paid 50% of the amount due (on Feb 5) to Daily Tribune News.],[Feb 20,Paid $1,000 for electricity expenses.],[Feb 23,Received $90 for services performed on account on Feb 12.],[Feb 25,Purchased a printer worth $800 on credit.],[Feb 27,Walt invested $20 cash in the business.]]
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Prepare a tabular analysis of the transactions listed above, including the balances at the end, to indicate the effect of each transaction on the accounting equation.
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