Question
INSTRUCTIONS: ANALYZE THE TRANSACTIONS IN THE SIMPLE ACCOUNTING EQUATION TABLE. THE OWNER IS CALLED ROBERTO DIAZ AND IS DEDICATED TO FILLING STATE SHEETS. THE BUSINESS
INSTRUCTIONS: ANALYZE THE TRANSACTIONS IN THE SIMPLE ACCOUNTING EQUATION TABLE.
THE OWNER IS CALLED ROBERTO DIAZ AND IS DEDICATED TO FILLING STATE SHEETS. THE BUSINESS BEGAN IN THE MONTH OF OCTOBER OF THE CURRENT YEAR. DEMONSTRATE THE TOTALS AND THE TABLE OF THE EQUATION.
TRANSACTIONS:
1. DIAZ INVESTED $ 25,000 IN HIS COMPANY.
2. GAVE $ 1,500 ON SERVICES ON ACCOUNT
3. GAVE $ 2,000 SERVICES IN CASH.
4. MADE A LOAN TO BANK POPULAR FOR $ 2,000.
5. PAID $ 60 FOR THE TELEPHONE BILL.
6. PAID $ 500 TO THE BANK LOAN THAT THE COMPANY OWES.
7. PURCHASED A FAX MACHINE FOR $ 2,500 ON CREDIT
8. DIAZ WITHDREW $ 1,500 FOR PERSONAL USE.
9. PURCHASED A COMPUTER FOR $ 1,500 CASH.
10. RECEIVED $ 900 FOR SERVICES GIVEN ON DAY 2.
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