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Consulted for a new band and billed client for service rendered, $6, 500 Recorded the following business expenses for the month: Paid office rent: $1,

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Consulted for a new band and billed client for service rendered, $6, 500 Recorded the following business expenses for the month: Paid office rent: $1, 400, Paid $350 Analyze of the transactions on the accounting equation of Solid Gold using format Using the accounting equation for transaction analysis Cameron Turnbull started a new business, Turnbull Gymnastics, and completed the following transactions during December: Cameron contributed $21,000 cash in exchange for common stock. Received $2, 400 cash from customers for services performed. Paid $350 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $1, 500 Received $100 invoice for utilities due in two weeks. Paid for advertising in the local paper, S 300. Paid utility invoice received on Dec. 10. Collected cash in full from customer billed on Dec. 9. Paid rent for the month, $2, 800. Paid $1, 100 to assistant for wages Received $2, 800 cash from customers for services performed. Cash dividends of $4, 500 were paid to stockholders. Analyze the effects of the transactions on the accounting equation of Turnbull Gymnastics using a format similar to Exhibit 1-6. Consulted for a new band and billed client for service rendered, $6, 500 Recorded the following business expenses for the month: Paid office rent: $1, 400, Paid $350 Analyze of the transactions on the accounting equation of Solid Gold using format Using the accounting equation for transaction analysis Cameron Turnbull started a new business, Turnbull Gymnastics, and completed the following transactions during December: Cameron contributed $21,000 cash in exchange for common stock. Received $2, 400 cash from customers for services performed. Paid $350 cash for office supplies. Performed services for a customer and billed the customer for services rendered, $1, 500 Received $100 invoice for utilities due in two weeks. Paid for advertising in the local paper, S 300. Paid utility invoice received on Dec. 10. Collected cash in full from customer billed on Dec. 9. Paid rent for the month, $2, 800. Paid $1, 100 to assistant for wages Received $2, 800 cash from customers for services performed. Cash dividends of $4, 500 were paid to stockholders. Analyze the effects of the transactions on the accounting equation of Turnbull Gymnastics using a format similar to Exhibit 1-6

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