Instructions A) Analyze the Equation B) Do the journal Entries C) Post the T-Accounts 1) Owner's Contribution 10,000 cash 2) Owner's Draws 3,000 Cash 3) Perform Services for 1500 cash 4) Perform Services for 900 on account 5) Pay Rent 1800 Cash 6) Receive Verizon Bill 400 (Not payed Now) 7) Collect 500 from #4 8) Machine depreciation is 250 9) Buy Supplies, 800 cash 10) 150 gets used up 11) Prepaid Insurance for 3 years, 2700 cash 12) One year goes by