Assignment 1 The assets, liabilities, and owner's equity accounts for Tsepo's Pest Control Company are below: Cash Spraying Supplies Spraying Equipment Accounts Receivable Accounts Payable Tsepo, Capital Tsepo, Drawing Spraying Revenue Utility Expense Rent Expense Salary Expense Transactions: 1. Tsepo invested $25,000 cash 2. Purchased spraying equipment on account from Wohleb company $10,000 3. Purchased spraying supplies $1000 4. Received $5,000 for spraying an office building 5. Purchased spraying supplies on account from Diamond company $1,500 6. Paid salaries to employees $ $1200 7. Billed customer Springer for spraying building $20,000 8. Paid utility bill $400 9. Paid rent $1600 10. Paid $5000 to Wohleb company (2) 11. Paid Diamond Company (5) 12. Tsepo withdrew $1000 for personal use Set up the accounting equation and record all transactions. Show that accounting equation balances after each transaction. Prepare an income statement, statement of owner's equity, and a balance sheet.