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Please indicate the offecimpact of each transaction on the relevant accounts. Please follow the example shown EXAMPLE: (1) Owner invested 20,000 cash in the business

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Please indicate the offecimpact of each transaction on the relevant accounts. Please follow the example shown EXAMPLE: (1) Owner invested 20,000 cash in the business ANSWER: (1) Cash increased by E20,000 Owner capital increased by 20.000, Tansaction (5) Purchased 1,000 of supplies on creat 125 Purchased 15,000 equipment for 5,000 cash and 10,000 note (Receved 25,000 cash for consulting service performed last month 14 AL 31 Decembes, me company nad 13.000 cash for the December's rent (5) Received 14.000 cash for 10,000 consulting service and 4.000 rental Fotow, ALATIF

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