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Exercise Effects of transactions on the accounting equation.CHECK FIGURE: Mailin Moon, Capital = ?$ 1 3 , 6 5 0 Mailin Moon is a freelance
Exercise Effects of transactions on the accounting equation.CHECK FIGURE:Mailin Moon, Capital ?$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 assisstant.The following activities occurred during March ?her first month of business:a ?Moon invested $ ?worth of equipment into her business along with $ ?cash.b ?Submitted a series of articles toThe Globe and Mailand received $ ?cash.c ?Purchased supplies on credit; $d ?Paid the parttime administrative assistant's salary of $e ?Moon ordered $ ?of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May.f ?Paid the rent for the first month; $g ?Submitted an article toReport on Business; will receive $ ?next month.Using the format provided below, show the effects of the activities listed in a ?through g ?
Create a Tstatement and Trial balance sheet
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