SOLVE THE FOLLOWING TRANSACTIONS USING ACCOUNTING EQUATION:

$1.$ Biris invests $$50,000$ of personal funds to start the business.

$2.$ The business purchases, on account, office supplies costing $$2,000.$

$3.$ Biris Web Design pays cash of $$26,000$ to acquire a parcel of land. The business intends to use

the land as a future building site for its business office.

$4.$ The business provides services for clients and receives cash of $$10,000.$

$5.$ The business pays $$1,000$ on the account payable created in Transaction $($b$).$

$6.$ Biris pays $$2,750$ of personal funds for a vacation for his family.

$7.$ The business pays cash expenses for office rent, $$2,500,$ and utilities, $$500.$

$8.$ The business returns to the supplier office supplies that cost $$300.$ The wrong supplies were

shipped.

$9.$ Biris withdraws $$3,000$ cash for personal use.