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last 3 pics is all one chart just many parts bc so long Question 3 of 6 -/1 E View Policies Current Attempt in Progress

last 3 pics is all one chart just many parts bc so long image text in transcribed
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Question 3 of 6 -/1 E View Policies Current Attempt in Progress Helen Martin started her own consulting firm, Ivanhoe Consulting, on May 1, 2020. The following transactions occurred during the month of May May 1 2 3 5 9 12 15 17 20 23 26 29 30 Trixie invested $6,800 cash in the business. Paid $950 for office rent for the month Purchased $700 of supplies on account. Paid $190 to advertise in the County News. Received $4.000 cash for services performed. Withdrew $1.200 cash for personal use. Performed $5.500 of services on account. Paid $2.000 for employee salaries Made a partial payment of $500 for the supplies purchased on account on May 3. Received a cash payment of $4.000 for services performed on account on May 15. Borrowed $4.700 from the bank on a note payable. Purchased equipment for $4,300 on account. Paid $250 for utilities (a) Show the effects of the previous transactions on the accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Owners Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item (a) Show the effects of the previous transactions on the accounting equation (If a transaction results in a decrease in Assets, Liabilities or Owners Equity place a negative sign for parentheses) In front of the amount entered for the particular Asset, Lobility or Equity item that was reduced. See Illustration 1-8 for example.) Assets Accounts Receivable ate Cash Supplies Equipmen 1 $ 2 3 5 9 12 15 17 20 23 26 29 30 $ (a) Show the effects of the previous transactions on the accounting equation. (If a transaction results in a decrease in Assets, Liabilities or Owners Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example) MATRIX CONSULTING Liabilities Notes Payable $ Equipment Accounts Payable Owner's Capital $ I e Textbook and Media (a) Show the effects of the previous transactions on the accounting equation of a transaction results in a decrease in Assets, Liabilities or Owners Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. See Illustration 1-8 for example) Owner's Equity Owner's Capital Owner's Drawings Revenues Expenses I $ e Textbook and Media

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