ok t K ht ences The Business Resource Center had the transactions listed below during the month of June. TRANSACTIONS 1. Justin Cole started the business with a cash investment of $52,000. 2. Purchased equipment for $18,000 on credit. 3. Performed services for $2,300 in cash. 4. Purchased additional equipment for $3,800 in cash. 5. Performed services for $4,650 on credit. 6. Paid salaries of $4,050 to employees. 7. Received $2,400 cash from charge account customers. 8. Paid $9,800 to a creditor on account. Show how each transaction would be recorded in the accounting equation. Note: Enter decreases to account balances with a minus sign. 1. 2. Cash + Assets Accounts Receivable + + Equipment Liabilities Accounts Payable + Justin Cole, Capital + + + Owner's Equity Revenue Expenses

The Business Resource Centet had the tronsactions listed below during the month of June TRANSACTIONS 1. Justin Cole started the business with a cash investment of $52,000. 2. Purchased equipment for $18,000 on credit 3. Performed services for $2,300 in cash. 4. Purchased additional equipment for $3,800 in cash. 5. Performed services for $4,650 on credit 6. Paid salaries of $4,050 to employees 7. Received $2.400 cash from charge account customers 8. Paid $9,800 to a creditor on account. Show how each transaction would be recorded in the accountry equation. Note: Enter decreases to account balances with a minus sign