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Ming Chen started a business and had the following transactions in June. a . Owner invested $ 6 0 , 0 0 0 cash in

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Ming Chen started a business and had the following transactions in June.
a. Owner invested $60,000 cash in the company along with $15,000 of equipment.
b. The company paid $1,500 cash for rent of office space for the month.
c. The company purchased $10,000 of additional equipment on credit (payment due within 30 days).
d. The company completed work for a client and immediately collected $2,500 cash.
e. The company completed work for a client and sent a bill for $8,000 to be received within 30 days.
f. The company purchased additional equipment for $6,000 cash.
g. The company paid an assistant $3,000 cash as wages for the month.
h. The company collected $5,000 cash as a partial payment for the amount owed by the client in transaction e.
i. The company paid $10,000 cash to settle the liability created in transaction c.
j. The owner withdrew $1,000 cash from the company for personal use.
Required:
Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of th equation.
Note: Enter decreases to account balances with a minus sign.
Answer is not complete.
\table[[,Assets,=,\table[[Liabillilies],[Accounts],[Payable]],\table[[+],[+],[+]],],[,,Cash,+,\table[[Accounts],[Receivable]],+,,ipment,\table[[Ming],[Chen,],[Capital]],-,\table[[Ming C],[Withdra]]],[a.,$,60,000,+,,+,$,15,000,=,,+,,-,],[b.,,-1500:,+,,+,,,=,,+,,-,],[Balance after a and b,,58,500,+,0,+,,15,000,=,0,+,0,,],[c.,,,+,,+,,10,000,=,10,000>,+,,,],[Balance after c,,58,500,+,0,+,,25,000,=,10,000,+,0,,],[d.,,2,500,+,,+,,,=,,+,,,]]
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