Mercedes Marn is the owner of Cleaning and More, an office cleaning company. At the end of the accounting period on December 31, 2019, Cleaning and More had $ 210,000 in assets and $ 55,000 in liabilities

analyze and indicate the effect of the following transactions on the accounting equation

Security and more is managed by Manuel Ayala. During the month of January, the following transactions were recorded: The company received cash for an owner investment of $ 18,000. A credit customer was offered a service for $ 6,000. Security and more paid an account that he had on credit for $ 1,500. $ 3,000 was received from the customer who had a credit account. Equipment for the security guards was purchased in cash for $ 2,100.

analyze and indicate the effect of the following transactions on the accounting equation. Contabilidad Express is an accounting company operated by Orlando Rojas. At the end of April, the following transactions were recorded: Advertising expenses of $ 2,000 were paid. A purchase of office supplies was made on credit for $ 400. Services rendered to customers on credit were billed for $ 6,000. A payment was received for a service rendered on the spot for $ 1,800. A payment for services rendered on credit was received for $ 2,500.

assets

=

liabilities

+

Capital

-

Drawing

+

Revenues

-

Expense

Cash

Equipment

Supplies

Account Receivables (Cuentas por cobrar)

Account Payable

O

Fee earned

Utilities expense

Rent Expense

Food Expense