dent/PlayerHomework.aspx?homeworkld 617990047&questionld=7&flushed=true&cld 6831846¢erwin-yes FMGT 1115-W03 Spring 2022 Sandhawalia payal payal 01/10/22 10:36 PM Homework: Ch 1 Homework Question 7, TI1-7 (similar to) Part 1 of 5 > HW Score: 64.35%, 44.4 of 69 points Points: 9.52 of 10 Save Using the information provided and the format below, analyze the effects of Ling Lawn Service's transactions on the accounting equation (Click the icon to view the transactions.) (If a box is not used in the transaction, leave the box empty, do not enter a zero. Enter decreases with a minus sign or parentheses Abbreviations used: exp expense, invest investment; rev revenue.) Assets Liabilities + Accounts Owner's Equity Cash Accounts Receivable Ling Equipment = Payable Capital Explanation Feb 1 3300 Owner invest D Clear all Final check 100OENG 10:36 PM 31922.01.30 mpty; do not enter a zer Liabilities + Accounts Transactions Ling = Payable + Capi Feb + Feb. 3 1 Received $3,300 and gave capital to Marc Ling Purchased a mower on account, $1,900. Feb. 5 Performed lawn services for client on account, $260 Feb Feb. 17 Paid $68 cash for gas used in mower 28 Marc Ling withdrew cash of $310 Print Done pense; in - X Feb. 1 hot enter a zero. Enter decreases with a minus sign W = Liabilities + Owner's Equity Accounts Ling, = Payable + Capital Explanation Owner invest. 11 + Assets Accounts + Receivable + Equipment 3300+ + Cash