Effects of transactions on the accounting equation CHECK FIGURE: Total assets = $29,350 Wesson Servicing provides support
Fantastic news! We've Found the answer you've been seeking!
Question:
Effects of transactions on the accounting equation
CHECK FIGURE:Total assets = $29,350
Wesson Servicing provides support to customers in the area of ecommerce. Using the format provided, show the effects of the activities listed below
- Marnie Wesson, the owner, invested cash of $25,000 into the business.
- The owner purchased office supplies on credit; $600.
- Wesson Servicing did work for a client and received $7,000 cash.
- Completed an application form for a $10,000 government grant.
- The owner paid her assistant's salary; $4,500 cash.
- Completed work for a customer on credit; $1,250.
NOTE: Please create the charts or table as required
Posted Date: