Question
THE OWNER IS CALLED ANDRES FIGUEROA AND IS DEDICATED TO ARRANGING ALL ELECTRONIC EQUIPMENT AND SELLING PARTS. THE RAPIDITO SOLVE IT BUSINESS BEGAN OPERATIONS IN
THE OWNER IS CALLED ANDRES FIGUEROA AND IS DEDICATED TO ARRANGING ALL ELECTRONIC EQUIPMENT AND SELLING PARTS. THE "RAPIDITO SOLVE IT" BUSINESS BEGAN OPERATIONS IN THE MONTH OF DECEMBER OF THE CURRENT YEAR. ANALYZE AND RECORD TRANSACTIONS WITH THE SIMPLE AND EXPANDED ACCOUNTING EQUATION.
TRANSACTIONS:
1. FIGUEROA INVESTED $ 50,000 IN HIS COMPANY. 2. PURCHASED A COMPUTER FOR $ 2,500 FROM OFFICE MAX ON ACCOUNT. 3. PURCHASED VARIOUS FILE DRAWERS FOR $ 500. 4. FIGUEROA WITHDREW $ 200 FOR PERSONAL USE. 5. MADE A BANK LOAN OF $ 5,000 FROM SCOTIABANK. 6. RECEIVED $ 2000 FOR SERVICES GIVEN IN HIS COMPANY. 7. GAVE COMPUTER SERVICES FOR $ 250 TO A CLIENT, ON ACCOUNT. 8. PAID $ 100 TO THE ACCOUNT OWED TO OFFICE MAX. 9. PAID $ 500 FOR THE UTILITY BILL. 10. RECEIVED $ 250 FROM DAY 7 TRANSACTION.
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