Carter Wilson is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, liabilities, and owner's equity. Cash Accounts receivable Office furniture Auto Accounts payable Carter Wilson, Capital Revenue Expenses $59,600 15,200 34,400 22,100 9,800 90, 100 54,400 23,000 TRANSACTIONS 1. Performed services for $6,720 on credit. 2. Paid $1,740 in cash for new office chairs. 3. Received $11,600 in cash from credit clients. 4. Paid $920 in cash for telephone service. 5. Sent a check for $5,300 in partial payment of the amount due creditors. 6. Paid salaries of $8,300 in cash. 7. Sent a check for $1,160 to pay electric bill. 8. Performed services for $10,900 in cash. 9. Paid $2,390 in cash for auto repairs. 10. Performed services for $12,900 on account. Enter the above transactions into the following accounting equations. Analyze: What is the amount of total assets after all transactions have been recorded? Complete this question by entering your answers in the tabs below. Accounting Equation Analyze Enter the above transactions into the following accounting equations. (Enter decreases to account balances with a minus sign.) = + Owner's Equity Assets Accounts Receivable Liabilities Accounts Payable Cash + Office Furniture + + Auto + C. Wilson Capital Revenue Expenses Beginning balances + + + + + 1. + + + + + New balances + + + + 2. + + + + + + + + New balances + + + + + 3. + + + + + New balances + + + + + 4. + + + + New balances + + + + . 5. + + + + New balances + + + + 6. + + + + + New balances + + + + + + 7. + + + + + + New balances + + + + + + 8. 8 + + + + + New balances + + + + + 9. 9 + + + New balances + + + + + + + 10. + + + New balances + + + Accounting Equation Analyze What is the amount of total assets after all transactions have been recorded? Total assets