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The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of

The table below shows the transactions for Sawyer Architecture Services during June. Greg Sawyer opened this business on June 1 with a capital investment of $73,500 (Transaction 1).

Assets = Liab. + Owner's Equity
Transaction Cash Accts. Rec. Supp. Equip. Accts. Pay. G. Sawyer, Capital Rev. Exp.
1 +73,500 +73,500
2 8,500 +8,500
3 +5,500 +5,500
4 +3,980 +3,980
5 3,650 3,650
6 + 700 700
7 2,700 2,700
8 480 +480
Bal 58,870 + 4,800 + 480 + 12,480 = 3,980 + 70,800 + 5,500 3,650

Prepare the balance sheet for Sawyer Architecture Services as of June 30, 2019.

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