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Coronado Enterprises had the following selected transactions. Bo Coronado invested $ 4 , 4 8 0 cash in the business. Paid office rent of $

Coronado Enterprises had the following selected transactions.
Bo Coronado invested $4,480 cash in the business.
Paid office rent of $1,064.
Performed consulting services and billed a client $5,824.
Bo Coronado withdrew $840 cash for personal use.
(a)
Indicate the effect each transaction has on the accounting equation, using plus and minus signs.
Assets = Liabilities + Owner's Equity
,=,(Investment)
,=,AA(Expense)
,(Revenue)
,,(Drawings)
eTextbook and Media
List of Accounts
(b)
Journalize each transaction. (List all debit entries before credit entries. Credit account titles are
automatically indented when amount is entered. Do not indent manually. If no entry is required,
select "No Entry" for the account titles and enter 0 for the amounts.)
No. Account Titles and Explanation
Debit
Credit
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