December 1: December 2: December 3: December 4: December 5: December 6: December 8: December 9: December 10: December 12: December 15: December 19: December 25: December 26: December 29: December 30: 1/2 1 Debit for increases 100% + A Assets Credit for decreases Debit for Liabilities decreases Credit for increases Debit for decreases Capital Credit for increases Sule Ay Mann invests $10,000 to start his own advertising company Sule Ay Mann rents an office, paying two months' rent, $ 800, in advance Sule Ay Mann orders art supplies, $ 1,800, and otce supplies, $ 800 Sule Ay Mann purchases art equipment, $4,200 with cash Sule Ay Mann purchases otce equipment, $3,000, from Can Unn; pays $ 1,500 in cash and agrees to pay the rest next month Sule Ay Mann purchases art supplies, $ 1,800, and otce supplies, $ 800 from Tour Gutt Supply Company, on cr Sule Ay Mann pays one year life insurance policy, $ 480, with coverage eective December 1 Sule Ay Mann pays Tour Gutt Supply Company $1,000 of the amount owed Sule Ay Mann performs a service by placing advertisements for an automobile dealer in the newspaper and collects a fee, $ 1,400 Sule Ay Mann pays the secretary two weeks' wages, $ 600 Sule Ay Mann accepts an advance fee, $ 1,000, for artwork to be done for another agency Sule Ay Mann performs a service by placing several major advertisements for Meass Utt Department stores. The fee, $2,800, is billed now but will be collected next month Sule Ay Mann withdraws $ 1,400 from the business for personal living expenses Sule Ay Mann pays the secretary two more weeks' wages, $ 600 Sule Ay Mann receives and pays the utility bill, $ 100 Sule Ay Mann receives (but does not pay) the telephone bill, $ 70

December 1: Sule Ay Mann invests $10,000 to start his own advertising company December 2: Sule Ay Mann rents an office, paying two months' rent, $800, in advance December 3: Sule Ay Mann orders art supplies, $1,800, and otce supplies, $800 December 4: Sule Ay Mann purchases art equipment, $4,200 with cash December 5: Sule Ay Mann purchases otce equipment, $3,000, from Can Unn; pays $1,500 in cash and agrees to pay the rest next month December 6: Sule Ay Mann purchases art supplies, $1,800, and otce supplies, $800 from Tour Gutt Supply Company, on cr December 8: Sule Ay Mann pays onelyear life insurance policy, $480, with coverage e ective December 1 December 9: Sule Ay Mann pays Tour Gutt Supply Company $1,000 of the amount owed December 10: Sule Ay Mann performs a service by placing advertisements for an automobile dealer in the newspaper and collects a fee, $1,400 December 12: Sule Ay Mann pays the secretary two weeks' wages, $600 December 15: Sule Ay Mann accepts an advance fee, $1,000, for artwork to be done for another agency December 19: Sule Ay Mann performs a service by placing several major advertisements for Meass Utt Department stores. The fee, $2,800, is billed now but will be collected next month December 25:, Sule Ay Mann withdraws $1,400 from the business for personal living expenses December 26: 5ufe Ay Mann pays the secretary two more week' wages, 5600 December 29: Sule Ay Mann receives and pays the utility bill, \$ 100 December 30: Sule Ay Mann receives (but does not pay) the telephone bill, $70 2/2100%+ cousorative teamingerese i \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Ausets } & \multicolumn{2}{|c|}{ Labilitier } & \multicolumn{2}{|c|}{ Capital } \\ \hline \begin{tabular}{l} Delal \\ for \\ incresses \end{tabular} & \begin{tabular}{r} Cowdit \\ for \\ decreases \end{tabular} & \begin{tabular}{l} Deth \\ for \\ deorenes \end{tabular} & \begin{tabular}{r} Credit \\ for \\ increases \end{tabular} & \begin{tabular}{l} Delat \\ for \\ decreases \end{tabular} & \begin{tabular}{r} Ondin \\ for \\ noremes \end{tabular} \\ \hline \end{tabular} \begin{tabular}{l|l} Ansipter \\ \hline & \\ \hline thal & 5 \end{tabular} Prepalid imularance Telephone frperue Ara nnin ad notice - Google \begin{tabular}{|l|l|} \hline Debit & Credit \\ \hline 5 & 5 \\ \hline \end{tabular}