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show how each transaction would be recorded in the accounting equation The Copy Center had the transactions listed below during the month of June. 7.
show how each transaction would be recorded in the accounting equation The Copy Center had the transactions listed below during the month of June. 7. TRANSACTIONS 1. John Amos started the business with a cash investment of $59,000 2. Purchased equipment for $21,500 on credit. 3. Performed services for $3,000 in cash. 4. Purchased additional equipment for $4,500 in cash. 5. Performed services for $5,000 on credit 6. Paid salaries of $4,400 to employees 7. Received $3,100 cash from charge account customers. 8. Paid $12,600 to a creditor on account. Show how each transaction would be recorded in the accounting equation (Enter decreases to account balances with a minus sign.) Assets Accounts Receivable Cash Liabilities Accounts Payable Owner's Equity Revenue Equipment John Amos, Capital Expenses 1 2. 3 4. 5. 7 B 0.5 Totals $ $ 0 - $ 0 0. $ OS
show how each transaction would be recorded in the accounting equation
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