Three former college classmates decided to open a store near campus to sell wireless equipment to students. They created a public company, The Wire, and issued stock to interested investors. They plan on creating monthly financial statements.

Required: Several transactions occurred in March. Each is described separately in this folder. For each transaction, indicate the accounts for The Wire that are affected, whether they increase or decrease, and the amount of the increase or decrease. When you record the dollar amounts, be sure to use a minus sign to indicate a decrease in the account. There are always more "Account" and "Amount" submission boxes available than are necessary.

Transaction 7 Miscellaneous expenses were $2,000, all paid for with cash.

Ignore transaction in photo, picture used for reference for account list