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Ch 2 Home 0 1 Problem 2.2A (Static) Analyzing the effects of transactions on the accounting equation. LO 2-1, 2-2, 2-3 Carter Wilson is
Ch 2 Home 0 1 Problem 2.2A (Static) Analyzing the effects of transactions on the accounting equation. LO 2-1, 2-2, 2-3 Carter Wilson is a ping contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, sabies, and owner's equity CAS 33. 1.700 TRANSACTIONS Performed sendices for $14,400 on credit 2. Paid $3,640 in each for new office chains 3. Received $27600 in cash from credit clients 4P $1820 in cash) telephone service 5. Set a check for $10,400 in partial payment of the amount due creditors 6. Peid series of $21,0 cash. 3. Senta check for $2,570 to pay electric bil & Performed services for $25,800 in cash Paid $5.320 in cash for auto repairs 10 Performed services for $27600 on account Enter the above transactions into the following accounting equations Analyse What is the amount of total assets after all transactions have been recorded? Complete this question by entering your answers in the tabs below. Enter the above transactions into the following accounting equations. (Enter decreases to account balances with a minus sign.). Owner's Equity New 2 4 6 7 Newes New balance B New balances 10 New balances A Cast Office Furniture Aut Liabilities Accounts Pay C.Win Capital 37,000 85.000 55,000 30.000 214.500 " Analys You received atal 131.000 55.200 Prey
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