Safari File Edit View History BookmarksWindow Help edugon. Print by: LAURA YOUSEF ACC 250 02/Chapter 1 Problem 1-1A On April 1, Julie Spengel established Spengel's Travel Agency. The following transactions were completed during the month. 1. Invested $15,000 cash to start the agency 2. Paid $600 cash for April office rent 3. Purchased equipment for $3,000 cash. 4. Incurred $700 of advertising costs in the Chicago Tribune, on account. 5. Paid $900 cash for office supplies. services worth $10,000: $3,000 cash is received from customers, and the balance of $7,000 is billed to customers on account 7. 8, 9. 10. Withdrew $600 cash for personal use. Paid Chicago Tribune S500 of the amount due in transaction (4). Paid employees' salaries $2,500. Received $4,000 in cash from have customers who have previously been biled in transaction (6). 2 Your answer is partially corect. Try agairn. Complete the tabular analysis of the transactions. (3f (I a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negat in a amount entered for the particufar Asset, Liability or Equit y item that was reduced. See Ilustration 1-8 for example.) EL'S TRA VEL AG ENCY Owner's Equity ReceivableSuppliesEquipment Payable nDrawings +Reve Capital MacBook Pro 2