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Question 1 Selected transactions for lan Campbell Designs during its first month in business are presented below. Sept. 1 Invested $10,000 cash in business. S

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Question 1 Selected transactions for lan Campbell Designs during its first month in business are presented below. Sept. 1 Invested $10,000 cash in business. S Purchased equipment for $12,000 paying $6,000 in cash and the balance on account. 25 Paid $3,000 cash on balance owed for equipment 30 Withdraw $500 cash for personal use. Des Campbell's chart of accounts show: No. 101 Cash, No. 157 Equipment, No. 201 Accounts payable, No. 301 lan Campbell, capital, No. 306 Ian Campbell, drawing, ine 4,00 Question 1 ONE Journalise the transactions onal (Enter all debit entries first, followed by all credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 101 Date Accounts Credit Sept. 1 ed 5 25 30

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