Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, liabilities, and owner's equity.

Cash - $59,300

Account Receivable - $14,900

Office Furniture - $34,100

Auto - $21,800

Account Payable - $9,500

Harold Joseph, Capital - $89,800

Revenue - $53,500

Expenses - $22,700

TRANSACTIONS:

Performed services for $6,750 on credit

Paid $1,770 in cash for new office chairs

Received $11,900 in cash from credit clients

Paid $950 in cash for telephone service

Sent a check for $5,900 in partial payment of the amount due creditors

Paid salaries of $8,000 in cash

Sent check for $1,190 to pay electric bill

Performed services for $11,200 in cash

Paid $2,420 in cash for auto repairs

Performed services for $13,200 on account

THE ABOVE TRANSACTIONS NEED TO ENTER INTO A ACCOUNTING EQUATION AND ANALYZE.

I need to know how to apply the above amounts. Can you help? This course is ACC/290 - Week 1