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Check 4 TRANSACTIONS 1. Jesse Campbell started the business with a cash investment of S57000 2. Purchased equipment for $20.500 on credit 3. Performed services
Check 4 TRANSACTIONS 1. Jesse Campbell started the business with a cash investment of S57000 2. Purchased equipment for $20.500 on credit 3. Performed services for $2.800 in cash 4. Purchased additional equipment for $4,300 in cash 5. Performed services for $4.900 on credit 6. Paid salaries of $4.300 to employees 7. Received $2,900 cash from charge account customers. 8. Paid $11.000 to a creditor on account BOOK cs Show how each transaction would be recorded in the accounting equation (Enter decreases to account balances with a minus sign) Owner's Equity Asset Accounts Receivable Cash Equipment Accounts Payable Jesse Campbell Capital Revenue Expenses 1 2 3 5 6 7 0 $ 0 $ 0 $ 0. $ 0+ $ 0 Total 5
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