Robinson starts a plumbing service named Crusoe Waterworks,Transactions of Cruose Waterworks during the first year of operations are given below :

a)Robinson deposited 7,000 dollars into a new cheking accounts for the business and recorded the capital contribution.

b)Paid 4,000 dollars cash for equipment to be used for plumbing repairs

c)Borrowed 30,000 dollars from a local bank and deposited the money in the checking account.

d)Paid 800 dollars rent for the year.

d)Purchased 900 dollars of office supplies on account.

f)completed a plumbing repair project for a local lawyer and received 3,500 dollars cash.