Please record the following transactions for the month of February $2025.$ Use the worksheet tab $-$ A$01-$ Expanded Acctg Equation

Activity One $-$ The Expanded Accounting Equation:

Please record the following transactions for the month of February $2025.$ Use the worksheet tab $-$ A$01-$ Expanded Acctg Equatichn

$2025$

Feb $1$ Invested $$49,000$ into the new business

$2$ Rented a furnished office and paid cash for the month's rent of $$1,750$

$3$ Purchased a professional library for $$4,400.$ Paid $$1,250$ down on the purchase and charged the rest on account.

$4$ Purchased office supplies by paying $$700$ cash.

$7$ Completed several tax returns and collected $$1,500$ from the customers.

$9$ Purchased $$1,100$ of office equipment on credit.

$11$ Completed financial planning work for a customer on credit in the amount of $$400.$

$15$ Purchased $$125$ of office supplies on credit.

$17$ Paid for the office equipment purchased on credit on the $9$th$.$

$18$ Billed a customer: $$700$ for financial planning work.

$23$ Received the full payment from the customer for the work that was completed on the $11$th

$26$ Paid the office assistant's wages of $$375$ for three days work.

$27$ Paid the monthly utility bills of $$275.$

$28$ Withdrew $$1,500$ from the business for personal living expenses.