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work (a) Date Question 7 of 11 < Account Titles and Explanation Aug.1 Cash Owner's Capital -/1 E Ref. Debit Credit 6,250 6,250 (Owner's

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work (a) Date Question 7 of 11 < Account Titles and Explanation Aug.1 Cash Owner's Capital -/1 E Ref. Debit Credit 6,250 6,250 (Owner's investment of cash in business) 10 Cash Service Revenue 3,250 3,250 (Received cash for services performed) 12 Equipment Cash Notes Payable 6,250 $2,875 3,375 (Purchased equipment for cash and notes payable) 25 25 Accounts Receivable 2,125 Service Revenue 2,125 (Billed clients for services performed) 31 Cash 1,125 Accounts Receivable 1,125 (Receipt of cash on account)

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