This is a problem from engineering economy by Sullivan version 16. It is problem 2-A-1. There was not a textbook solution that could be found for it.

.A-1. Jill Smith opens an apartment-locator business 2A cle campus. She is the sole owner of the arc canrietorship, which she names Campus Apartment sur near a Locators. During the first month of 2015, she engages in the following transactions a. Smith invests $35,000 of personal funds to start the ors. During the first month of operations, July Ap a. business. b. She purchases on account office supplies costing b. $350 Smith pays cash of $30,000 to acquire a lot next to . the campus. She intends to use the land as a future building site for her business office. d. d. Smith locates apartments for clients and receives e. e. She pays $100 on the account payable she created in f. She pays $2,000 of personal funds for a vacation. cash of $1,900. f. transaction (b). g She pays cash expenses for office rent, $400, and h g. She pays cash expenses for office rent, $400, and utilities, $100. h. The business sells office supplies to another business i. Smith withdraws cash of $1,200 for personal use. Required (a) Analyze the preceding transactions in terms of for its cost of $150. their effects on the accounting equation of Campus Apartment Locators. Use Figure 2-A-1 as a guide. (b) Prepare the income statement and balance sheet of the business after recording the transactions. Use Figure 2-A-2 as a guide