Salah Co. Purchased an equipment for $9000. $2000 was paid on cash and the remaining to be paid next month. The accountant recorded the transaction by debited equipment account, credited cash and.... credited accounts payable for $7000. nothing further must be done. credited accounts receivable for $7000. debited accounts payable account for $7000. Grandmother Co. Partial unadjusted Trial Balance as of 31-12-2018 Account Name Service revenue Unearned service revenue Additional Information: Debit Transaction-1: Services of $700 from unearned revenue was performed. Transaction-2: Services provided to customer totaled $ 600. Service Revenue after Adjusting entries should equal: $1800. O O $1500. $1200. $900 Credit 200 8800 The following is cash accounts for the month of June in 2019: Cash Dr Beg. Bal. 60000 T:5 5500 T:7 21 2000 The balance of cash account at the end of June: Debit $25600. Debit $67500. Credit $41900. Debit $41900. h Cr T:2 15000 T:3 4000 T4 6600 For the following provided effects on transactions: cash equipment supplies A/R Accounts payable Beg. Bal 4000 5000 3000 7000 6000 Share capital 10000 Retained earnings 3000 Transaction(1) (500) (500) TOTAL 3500 5000 6000 7000 6000 10000 2500 Appropriate description for transaction (1): Purchased equipment on account. Made an investment to start the business. Paid monthly rent. Received cash from customers for services performed. D