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On July 1, Tommy Wrigley established Wrigley Home Appraisal Services, a firm that provides expert residential appraisals and represents clients in home appraisal hearings TRANSACTIONS
On July 1, Tommy Wrigley established Wrigley Home Appraisal Services, a firm that provides expert residential appraisals and represents clients in home appraisal hearings TRANSACTIONS 1 The owner invested $100,000 in cash to begin the business 2. Paid $20,250 in cash for the purchase of equipment 3. Purchased additional equipment for $15,200 on credit 4. Paid $12,500 in cash to creditors 5. The owner made an additional investment of $25,000 in cash 6. Performed services for $9,750 in cash 7. Performed services for $7,800 on account 8. Pald $6,000 for rent expense 9. Recelved $5.500 in cash from credit clients 10. Paid $7,550 in cash for office supplies 11. The owner withdrew $12,000 in cash for personal expenses Record in equation form the changes that occur in assets, liabilities, and owner's equity for the above transactions
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