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to Clients in commercial appraisal nica INSTRUCTIONS Analyze the following transactions. Record in equation form the changes that occur in assets, liabil- ities, and owner's
to Clients in commercial appraisal nica INSTRUCTIONS Analyze the following transactions. Record in equation form the changes that occur in assets, liabil- ities, and owner's equity. (Use plus, minus, and equals signs.) TRANSACTIONS The owner invested $100,000 in cash to begin the business. . Paid $20,250 in cash for the purchase of equipment. 3. Purchased additional equipment for $15,200 on credit. 4. Paid $12,500 in cash to creditors. 5. The owner made an additional investment of $25,000 in cash. 6. Performed services for $39,100 in cash. 7. Performed services for $31,200 on account. 8. Paid $18,000 for rent expense. 9. Received $22,000 in cash from credit clients. 18. Paid $30,500 in cash for office supplies. 11. The owner withdrew $25,000 in cash for personal expenses
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