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ENERCISE 1-20 Effrcts of trassactios en the accoenting equation L.06. 7 CHECR FIGURE: Malin Moon, Copital $13,650 Mfatin Moon is a freelance writer who submits
ENERCISE 1-20 Effrcts of trassactios en the accoenting equation L.06. 7 CHECR FIGURE: Malin Moon, Copital $13,650 Mfatin Moon is a freelance writer who submits articles to various magazines and new sqapers. She operates out of a stall offce where she employs one administrative assistant. The following activition occurred during Mtatch 2017 , her fint month ef busintss: a. Moon imested $2,500 worth of equipment into her busincss along with $3.000 cash. b. Subuitted a series of articles to The Globe and Mail and received 56,500 cash. c. Purchased supplies on credit: 5600 . d. Paid the part-time administrative assistant's salary of $1.450. c. Moon ordered $3,000 of office equipment frem the IKLA catalogat it is scheduled to arrive in Apell or May. f. Paid the rent for the lins month: $1,400. g. Subuitted an article to Report on Business: wilt receive 54.900 next month
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