Hect of Transaction on Accounting untio David Segal started in During the state Oct 20 the following tractions vested cash in the bus. 515.000 1. Bught les for 1000 51.000 cash and $2,000 on red one year insurance premium $1,000 darned revenues amounting to $2,700 51,700 in cash and 1.000 cash or to the company that supplied the office suples intration 11.000 f. Padome rent for the oth o withdrew cash for personal use. $150 Hequired Show the tect of each transaction in the videlcourt the accounting an Owner antall want the mus sintonia deduction in the count it an amunt des entry wave Assets - Librities Owner's Equity (ums Ouned) (Amts. Owed) (Owner's Investment) (Earnings) Account Office Cash Prepaid Accounts D. Segal D. Segal Receivable + Revenuespense Supplies Payable Description Insurance Drawing Capital . unts of the expanded accounting equation Assets Owners folya Devlet element. Use the minus sont indicate a decrease of reduction in the account amount box does not require an entry leave it Assets Liabilities Owner's Equity (Items Owned) (Amts. Owed) (Owner's Investment) (Earning) Accounts orice Prepaid Accounts D. Segal D. Segal Cash Receivable Revenues - Expenses Description Supplies Insurance Payable Capital Drawing + d. O Bal Demonstrate that the accounting equation has remained in balance. Cash Accounts receivable Office supplies Prepaid insurance Total Assets Accounts payable $ David Segal, Capital David Segal, Drawing bonita Service fees Rent expense Total Liabilities and Owner's Equity