Red Fuman decided to open his own computer service company.

Analyze the following transactions Red completed by recording their effects in the expanded accounting equation.

1. Invested $10,000 in his computer service.
2. Bought new computer equipment on account $2,000.
3. Received cash for computer services rendered, $200.
4. Performed computer services on account, $2,200.
5. Paid secretarys salary, $300.
6. Paid office supplies expense for the month, $120.
7. Rent expense for office due, but unpaid, 600.
8. Withdrew cash for personal use, $900.

ASSETS

=

LIABILITIES + OWNER'S EQUITY

Accounts

Office

Accounts

Service

Cash

+

Receivable

+

Equipment

=

Payable

+

Capital

-

Withd.

+

Revenue

-

Expenses

a.

BALANCE

b.

BALANCE

c.

BALANCE

d.

BALANCE

e.

BALANCE

f.

BALANCE

g.

BALANCE

h.

ENDING BALANCE