The analysis of the first eight transactions of Advanced Accounting Service follows. Describe each transaction.

Question 15, E1-28 (book/static) HW Score: 47.24%, 27.4 of 58 pc er 1 Aceianment nsact Data table ansa ASSETS Accounts + Receivable + Equipment = LIABILITIES Accounts Payable EQUITY Wel, Service Withdrawals Revenue Wel, Capital +31,000 Salaries Expense Cash + 1 +31,000 +3,800 +3,800 2 Bal. $31,000 + $3,800 $31,000 $3,800 +13,400 +13,400 3 Bal. $13,400 = $13,400 + $31,000 + $3,800 $31,000 + +190 $3,800 + -190 4 Bal. $31,190 + $3,610 $13,400 + $31,000 $3,800 $13,400 = +410 -410 5 Bal. $3,610 + $13,810 = $31,000 + $3,800 $30,780 + -8,000 $13,400 + -8.000 6 Bal! $3,610 + $13,810 = $5,400 + $31,000 $22,780 + +790 $3,800 +790 7 Bal. $23,570 + $3,610 + $13,810 = $5,400 + $31,000 $4,590 -1,500 - 1,500 Print Done Video Get more neipa