Harold Joseph is a painting contractor who specializes in painting commercial buildings. At the beginning of June, his firm's financial records showed the following assets, liabilities, and owner's equity. Cash Accounts Receivable Office Furniture Auto Accounts Payable Harold Joseph, Capital Revenue Expenses $72,00 18,509 42,500 27,509 15.300 107,25e 65,809 27,85e TRANSACTIONS 1. Performed services for $7.200 on credit 2. Paid $1,820 in cash for new office chairs 3. Received $13.800 in cash from credit clients 4. Paid $910 in cash for telephone service 5. Sent a check for $5,200 in partial payment of the amount due creditors, 6. Paid salaries of $10.580 in cash 7. Sent a check for $1.285 to pay electric bill 8. Performed services for $12.900 in cash 9. Paid $2.660 in cash for auto repairs. 10. Performed services for $13.800 on account Analyze: What is the amount of total assets after all transactions have been recorded? Accounting Equation Analyze Enter the above transactions in to the following accounting equations. (Enter decreases to account balances with a minus sign.) I Accounts onton Accounts H. Joseph Capital Beginning balances New Balances . + . + 0 + 0 0 0 0 + 0 - New Balances 0 0 + 0 0 0 + | 0 + . 0 + 0 + 3 New Balances 0 - - 0 - 0 0 + 0 0 0 + 4 + . + + . . + New Balances 0 0 + 0 + 0 = 0 5 L + eo+ 0 - New Balances 0 0 + 0 + 0 + 0 - Check my work 37 New Balances 0 + 0 = 0 . 0 + 4 0. . 0 + 0 + + 0 + . - - 0 New Balances 0 + = 0 + 0 + 0 5. 1. New Balances 0+ 0 0 0 + 0 + 0 - New Balances 0 0 00 0 + - 10 - New Balances 0 0 00+ 0 + 0 - New Balances 0. 0 0 . 0 . . 0 0 New Balances 0 + 0 + 0 0 + 0 + 0 + 0 - New Balances 5 0. 5 0. 5 0. 5 0-S0S0 + 50 - $ Aceng Equation Analyze >