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 $60,800 16,400 35,600 23,300 11,000 91,300 58,000 24,200 TRANSACTIONS 1. Performed services for $6,660 on credit. 2. Paid $1,680 in cash for new office chairs. 3. Received $11,000 in cash from credit clients. 4. Paid $860 in cash for telephone service. 5. Sent a check for $4,100 in partial payment of the amount due creditors. 6. Paid salaries of $9,500 in cash. 7. Sent a check for $1,100 to pay electric bill. 8. Performed services for $10,300 in cash. 9. Paid $2,330 in cash for auto repairs. 10. Performed services for $12,300 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? Prev 1 of 2 -- Next

Carter Wison is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, llabilities, and owner's equity. TRANSACTIONS 1. Performed services for $6,660 on credit. 2. Paid $1,680 in cash for new office chairs. 3. Received $11,000 in cash from credit clients. 4. Paid $860 in cash for telephone service. 5. Sent a check for $4,100 in partial payment of the amount due creditors. 6. Paid salaries of $9.500 in cash. 7. Sent a check for $1,100 to pay electric bill. 8. Performed services for $10,300 in cash. 9. Paid $2,330 in cash for auto repairs. 10. Performed services for $12,300 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