Exercise Effects of transactions on the accounting equation.

CHECK FIGURE: Mailin Moon, Capital $=$$$13,650$

Mailin Moon is a freelance writer who submits articles to various magazines and newspapers. She operates out of a smll office where she employs one administrative assisst The following activities occurred during March $2017,$ ?her first month of business:

a$.$ ?Moon invested $$2,500$ ?worth of equipment into her business along with $$3,000$ ?cash.

b$.$ ?Submitted a series of articles to The Globe and Mail and received $$6,500$ ?cash.

c$.$ ?Purchased supplies on credit; $$600$

d$.$ ?Paid the part$-$time administrative assistant's salary of $$1,450.$

e$.$ ?Moon ordered $$3,000$ ?of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May.

f$.$ ?Paid the rent for the first month; $$1,400.$

g$.$ ?Submitted an article to Report on Business; will receive $$4,500$ ?next month.

Using the format provided below, show the effects of the activities listed in $($a$)$ ?through $($g$).$

$\backslash$table$[[,,,,],[No,$Cash,Account,Supplies,Equipment$],[,,$Receivables,,$],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]$

B$.$ ?Create T Accounts

$\backslash$table$[[$CASH$],[,],[,],[,]]$

$\backslash$table$[[$EQUIPMENT$,],[,],[,],[,]]$

C$.$ ?Create a Trial Balance