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i just need help with the ones i got wrong im not understanding why they are wrong Transactions On June 1 of the current year,

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Transactions On June 1 of the current year, Chad Wilson established a business to manage rental property. He completed the following transactions during June a. Opened a business bank account with a deposit of $30,000 from personal funds. b. Purchased office supplies on account, $1,800. c. Received cash from fees earned for managing rental property, $10,000. d. Pald rent on office and equipment for the month, $4,500. e. Pald creditors on account, $1,250. 1. Billed customers for fees earned for managing rental property, $16,800. 0. Pald automobile expenses (including rental charges) for the month, $750, and miscellaneous expenses, $980. h. Paid office salaries, $4,000. 1. Determined that the cost of supplies on hand was $680; therefore, the cost of supplies used was $1,120, J. Withdrew cash for personal use, $7,500. Required: 1. Indicate the effect of each transaction and the balances after each transaction: For those boxes in which no entry is required, leave the box blank. For those boxes in which you must enter subtractive or negative numbers use a minus sign. (Example: -300) Assets Liabilities Item Cash Accounts Receivable Supplies = Accounts Payable Chad Wilson, Capital Chad Wilson, Drawing + Fees Earned - Rent E a 30,000 30,000 b. 1,800 1,800 eBook Show Me How Calculator Printem Item Cash + Accounts Recevable Supplies - Payable Chad Wilson, Capital Chad Wikon Drawing Fees Earned - Rent Expense - a. 30,000 Expense 30,000 1.100 1,800 30,000 DON'T 1,800 30,000 1,800 10,000 34,250 550 30,000 10,000 16,800 Bal. 34,250 16.800 OSS A 130,000 26,100 4.500 X 1,730 X Bal. 32,520 16,800 26.800 5,250 4,000 X Bal. 28,520 16,800 1.800 500 X 10,000 26,800 5,250 X Calculator Printem Role Supplies Accounts Payable Chad Wilson, Capital Show Me How Chad Wilson, Drawing + Fees Carmed - Rent Expresse Salaries Expre Supplies xpense Auto Misc. Expense 1,000 1,800 1,800 1,800 30,0 1.800 30,000 1,800 30,000 1.800 5,250 X 1,800 500 X 30,000 26,300 5,250 X Previous 16,00 10,000 25,800 5,250 1. Determine the net income forume 15.450 Increased to 37,950 of the owner when the owner s and w a a y the 2. Owner's represents the rights of owners Aditional investments and revenue increase the 4. Beginning Owner's Equity Investments withdrawals Revenge - Expers - Ending Owners Equity

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