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Please help me to answer the questions? 1. The following transactions occurred in the opening and operation of Landis's Delivery Service: A. Landis Saunders opened

Please help me to answer the questions?

1. The following transactions occurred in the opening and operation of Landis's

Delivery Service:

A. Landis Saunders opened the delivery service by investing $25,000 from her personal savings account.

B. Purchased used delivery trucks on account, $12,000.

C. Rent expense due but unpaid, $1,100.

D. Received cash for delivery, $1,500.

E. Billed a client on account, $600.

F. Landis withdrew cash for personal use, $700.

Complete a transaction analysis chart for each of the transactions. The chart of accounts for the shop includes Cash; Accounts Receivable; Delivery Truck; Accounts Payable; L. Saunders, Capital; L. Saunders, Withdrawals; Delivery Fees Earned; and Rent Expense.

Using a transaction analysis chart

After F:

Cash

(A) 25,000 700 (F)

(D) 1,500

2. Jian Sham opened his Construction Repair Shop in April 2023. The balance sheet at April 30, 2023 was prepared by a friend of his and is shown below. Make ready a corrected balance sheet.

Sham's Construction Repair Shop

Balance Sheet

April 30, 2023

Assets Liabilities & Equity

Equipment 44,100 Construction Supplies $ 28,350

Cash 12, 600 Loan Payable 56,700

J. Sham, Capital 53, 550 Accounts Receivable 94,500

Accounts Payable 69, 300

Total Equities $179,550 Total Assets $179,550

Total Assets $179,550

Make a balance sheet

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