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Tuck Ferlito decided to begin his own computer service business on October 2, 20X1. He named the business the Sunnydale Computer Centre. During the month

Tuck Ferlito decided to begin his own computer service business on October 2, 20X1. He named the business the Sunnydale Computer Centre. During the month of October, Tuck c following business transactions. View the transactions Read the requirements Requirement 1. Analyze and record each transaction in the expanded accounting equation. Enter each transaction in the appropriate columns Recalculate new balances for all the accounts after entering each transaction. (If an input field is not used in the transaction, leave field empty, do not enter a zero. For accounts with a $0 balance, make sure to enter "0" in the appropriate column. Use parentheses or a minus sign for negative values Abbreviations Service Revenue, Exp. = Expenses, Equip = Equipment, W/drawals = Withdrawals.) (a) Invested $6,000 of his savings into the business. (a) Bal. Computer Cash + Supplies + Shop Equip + 6000 + Assets 6000 + + + + Assets Office Equip = Computer Cash + Supplies + Shop Equip + Liabilities + Accounts Payable Office Equip + + + T. Ferlito, Capital = Liabilities. + Accounts = Payable + Owner's Equity T Ferlito, W/drawals + Rev 6000 (b) Paid $2,100 (cheque No. 201) for the computer from Akman Tech, Inc. (If an input field is not used in the transaction, leave the input field empty, do not enter a zero. For accounts balance, make sure to enter "0" in the appropriate column. Use parentheses or a minus sign for negative values Abbreviations used: Rev. = Service Revenue, Exp. = Expenses, Equip Equipment, W/drawals = Withdrawals.) T. Ferlito, Capital + + 6000 Owner's Equity T. Ferlito, W/drawals + Exp. Rev Exp.
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Tuck Ferito decided to begin his own computer service business on October 2, 20X1. He named the business the Sunnydale Coenpuser Centre Durng the month of October, Tuck C following business transactoons Virw the transactions: Read the reguerements. Requirement 1. Analyze and rocord each transactoon in the expanded accounting equation Enter oach transaction in the approprate columns. Rocalculate new bolances for all the accounts aftor enterng each transaction (It an input told is not used n the transaction, leave Service Rovenue, Exp = Expenses, Equa = Equpment, Widrawals = Withdriwals ) (a) invested $6,000 of his savags into the business (b) Paid \$2,100 (cheque No 201) for the computer from Akman Tech, Inc. (1f an input feld s not unod in the transuction, leave the input feid emply, do not enter a zero For accounts Equpment, Widrawals = Withdrawals, Tuck Ferito decided to begin his own computer service business on October 2, 20X1. He named the business the Sunnydale Coenpuser Centre Durng the month of October, Tuck C following business transactoons Virw the transactions: Read the reguerements. Requirement 1. Analyze and rocord each transactoon in the expanded accounting equation Enter oach transaction in the approprate columns. Rocalculate new bolances for all the accounts aftor enterng each transaction (It an input told is not used n the transaction, leave Service Rovenue, Exp = Expenses, Equa = Equpment, Widrawals = Withdriwals ) (a) invested $6,000 of his savags into the business (b) Paid \$2,100 (cheque No 201) for the computer from Akman Tech, Inc. (1f an input feld s not unod in the transuction, leave the input feid emply, do not enter a zero For accounts Equpment, Widrawals = Withdrawals

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