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Please complete the spreadsheet template: Trans. Transactions No. Pamela Wong, the owner, opened a checking account for the business by depositing $48,000 of her personal
Please complete the spreadsheet template:
Trans. Transactions No. Pamela Wong, the owner, opened a checking account for the business by depositing $48,000 of her personal funds. Paid the monthly rent of $1,500. Bought office furniture on account for $1,000 Pamela Wong invested $3,000 of office equipment in the business. Paid cash for a new computer for the business, $5,000. Paid for an advertisement in the local newspaper, $200 Completed graphic desktop publishing services for a client and sent a bill for $800. 8 Paid $700 on account for the office furniture bought earlier Received $500 on account from a client. 10 Pamela Wong withdrew $1,000 for personal use. Received $400 cash for desktop publishing services completed for a client. ASSETS LIABILITIES OWNER'S EQUITY Transaction Cash in Bank Accounts Receivable Office Furniture Computer Equipment 1 Office Equipment Accounts Payable Pamela Wong, Capital = WN OOO O BALANCE $0 $0 $0 $0 $0 $0 $0 TOTAL ASSETS TOTAL LIABILITIES TOTAL OWNER'S EQUITY TOTAL LIABILITIES + OWNER'S EQUITYStep by Step Solution
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