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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

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

  1. Marnie Wesson, the owner, invested cash of $25,000 into the business.
  2. The owner purchased office supplies on credit; $600.
  3. Wesson Servicing did work for a client and received $7,000 cash.
  4. Completed an application form for a $10,000 government grant.
  5. The owner paid her assistant's salary; $4,500 cash.
  6. Completed work for a customer on credit; $1,250.

NOTE: Please create the charts or table as required

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