CASH ACCTS REC SUPPLIES BUILDING EQUIPMENT = ACCTS PAY NOTES PAY RODMAN CAPITAL Grade 1 Rodman invested $60,000 cash in the business. 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE NO CHANGE 2 Rodman purchased equipment for cash, $12,000. 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE NO CHANGE 3 Rodman purchased supplies on account, $3,000. 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE NO CHANGE 4 Rodman borrowed $10,000 on a one-year 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE NO CHANGE note payable. 5 Rodman made a cash payment of $1,000 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE NO CHANGE cash on account. (See transaction three.) 6 Rodman withdrew cash from the business 6 NO CHANGE NO CHANGE NO CHANGE NO CHANGE NO CHANGE = NO CHANGE NO CHANGE

E for personal use, $5,000.