Coronado Doirin is the proprietor of Doirin Accounting Services. 1. 2. 3. 4. 5. Invoiced a client $538 for preparation of a budget. Supplies purchased on account for $220. Paid $440 for employee salaries. Received $318 from customer referred to in #1. Paid for the supplies from 12 above. The owner withdrew $2,750 cash for personal use. Received the utility bill for last month $220. The owner invested $2.200 cash into the business. 6. 7. 8. For each of the following transactions, indicate the effects on the business' assets. liabilities, and owner's equity. Of a transaction causes a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Capital Dra Liabilities Assets Transactions 1 utive sign for parentheses) in front of the amount entered for the ar Asset, Liability or Equity item that was reduced.) Owner's Equity Capital Drawings Revenue Expenses $ Textbook and Media Attempts: 0 of 5 used