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  3. 1. justin cole started the business with a cash in

1. Justin Cole started the business with a cash investment of $45,000 2. Purchased equipment...

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Accounting

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1. Justin Cole started the business with a cash investment of $45,000 2. Purchased equipment for $14,500 an credit. 3. Performed services for $3.600 in cash 4. Purchased additional equipment for $3,100 in cash. 5. Performed services for $4,300 on credit 6. Paid salaries of $3,700 to employees. 7. Received $1,700 cash from charge account customers. 8. Paid $7,000 to a creditor on account Show how each transaction would be recorded in the accounting equation. Note: Enter decreases to account balances with o minus sign

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