The Business Center had the transactions listed below during the month of June TRANSACTIONS 1. Jesse Campbell started the business with a cash investment of $40,000 2. Purchased equipment for $12,000 on credit 3. Performed services for $4,100 in cash. 4. Purchased additional equipment for $2,600 in cash. 5. Performed services for $4,050 on credit 6. Pald salaries of $3,450 to employees. 7. Received $1,200 cash from charge account customers. 8. Paid $5,000 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 Liabilities Owner's Equity Revenue Jesse Campbell Capital Accounts Receivable Expenses Cash Accounts Payable Equipment 1. + + 2 + + 3 + 4 5 6 7 3. Performed services for $4,100 in casa 4. Purchased additional equipment for $2,600 in cash, 5. Performed services for $4.050 on credit. 5. Paid salaries of $3,450 to employees. 7. Received $1,200 cash from charge account customers. 3. Paid $5,000 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 Liabilities Owner's Equity Cash Accounts Receivable Equipment Accounts Payable Jesse Campbell Capital Revenue Expenses WN - . 4 5. 6 7 8 Totals