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HWEI 10 Points M N o P h Ron Smith opens an apartment Locator business near a college campus. The Company will be named Campus
HWEI 10 Points M N o P h Ron Smith opens an apartment Locator business near a college campus. The Company will be named Campus Apartment Locatori. During the first month of operations, July 2018, the business completes the following transactions Smith Contributes $35,000 to the business. The business gives capital to smith, Purchases $150 of office supplies on account Par cash of $30,000 to acquire a lot next to campus Locates apartments for clients and receives cash of $1.900 Pays $100 on the accounts payable the business created in Transaction() Par cath expenses for office rent, $400 and $100. Smith withdrew ash of $1,200 d e . Requirement 1 Analyse the preceding transactions in terms of their effects on the accounting equation of Campus Apartment location 2 Prepare the income statement, Matement of owner'sy, balance sheet 3 trefwoves that won of chamantring om Asus Labies Cath . Ofice Accounts Smith Supplies Payable Capital Withdrawal Equity Service Revenue Rent 29
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