Can you help with the accounting transaction using the the simple and extended accounting equation...
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Accounting
Can you help with the accounting transaction using the the simple and extended accounting equation separately? Please see instructions in the image below.
I DON'T NEED NOT a JOURNAL.
I need Both transactions (separately) in the Simple and the Extended accounting equations.
Work in two spreadsheet separately each equation. This is my second post since last one was incomplete.
THE OWNER IS CALLED JENNY SMITH AND IS DEDICATED TO THE MAIL SERVICES. THE "EL QUICKIETOM" BUSINESS BEGAN OPERATIONS IN THE MONTH OF DECEMBER OF THE CURRENT YEAR. INSTRUCTIONS: ANALYZE AND RECORD TRANSACTIONS WITH THE SIMPLE AND EXPANDED EQUATION OF ACCOUNTING. TRANSACTIONS: 1. SMITH INVESTED $ 75,000 IN HER COMPANY. 2. PURCHASED A COMPUTER FOR $ 2,000 FROM OFFICE MAX, ON ACCOUNT. 3. PURCHASED A FILE CABINET FOR $ 500. 4. SMITH WITHDREW $ 500 FOR HER PERSONAL USE. 5. MADE A PURCHASED FOR $ 200 FOR SUPPLIES USING THE VISA CREDIT CARD OF THE COMPANY. 6. RECEIVED $ 1,000 FOR SERVICES GIVEN IN THE COMPANY. 7. SOLD A MAILBOX NUMBER TO A CLIENT FOR $ 75, ON ACCOUNT. 8. PAID $ 250 TO THE ACCOUNT OWED TO OFFICE MAX. 9. PAID $ 150 FOR THE TELEPHONE BILL. 10. RECEIVED $ 75 FROM DAY 7 TRANSACTION
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