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Michael Brown opened his law office on June 1 , 2 0 2 2 . During the first month of operations, Michael conducted the following
Michael Brown opened his law office on June During the first month of operations, Michael conducted the following transactions:
Invested $ in cash into the law practice.
Paid $ for office equipment.
Purchased additional office equipment on account, $
Received cash for performing legal services for clients, $
Paid parttime salaries, $
Performed legal services for clients on account, $
Paid rent, $
Withdrew $ from his law practice for personal use.
Received $ from clients in partial payment for legal services performed in Transaction
Record these transactions in the expanded accounting equation.
Prepare the financial statements at June for Michael Brown, Barrister and Solicitor.
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