TRANSACTIONS A. Owner invested $5,000 in business. B. Bought $1,000 of supplies on account C. Paid $600 for equipment. D. Did work and billed customer $2,000. E. Used $100 of supplies on job D F. Paid supplier B. $300. G. Bought more equipment for $9,000 and paid $500 down payment and the rest on a note payable. H. Did more work and received $400 cash. I. Used $50 of supplies on job d J. Collected $700 from customer D. K. Owner withdrew $200. L. Bought $800 of additional supplies for cash. ASSETS LIABILITIES OWNER'S EQUITY -Cash-- Accts. Receivable Supplies Accts, Pavable Notes Payable Joe Smith. Capita STEP 3: PREPARE TRIAL BALANCE Trial Balance ate Balance it Total