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Using the format provided below (noticing the previous month's transactions resulted in the total shown below) Assets Cash + Cleaning Supplies + Cleaning Equipment
Using the format provided below (noticing the previous month's transactions resulted in the total shown below) Assets Cash + Cleaning Supplies + Cleaning Equipment Liabilities + Accounts Equity Al Smith, + Building = Payable Capital $2,100 + $1,700 + $8,500 + $20,000 = $4,200 + $28,100 Show the effects of the following activities that occurred this month: a) Invested additional cash into the business, $450. b) Purchased cleaning supplies for cash, $100. c) Purchased cleaning equipment on account, $650. d) Collected cash for services rendered, $500. e) Sold cleaning equipment at cost, receiving cash, $250. f) Paid accounts payable, $350. g) Withdrew cash from the business for personal use, $200. h) Paid utilities for the month, $270. i) Used up cleaning supplies costing $75. j) Collected cash for services rendered, $225. You can either download a premade workbook here or create your own, make sure to upload your file for grading.
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