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Date Assets Liabilities Owner's Equity Description

Mar $1+10,000(Cash)0+10,000(Mark$ Chen$-$Capital$)$ Owner invested cash

Mar $2-3,500(Cash),+3,500(Equipment)00$ Purchased computer equipment

Mar $3+2,200(Furniture)+2,200(Accounts$ Payable$)0$ Bought office furniture $on$ credit

Mar $5-800(Cash)00$ Paid first month's rent

Mar $7+2,500(Cash)0+2,500(Revenue)$ Received payment for $logo$ design project

Mar $9+6,000(Land)+6,000(Notes$ Payable$)0$ Purchased land $on$ promissory note

Mar $11+3,800(Accounts$ Receivable$)0+3,800(Revenue)$ Completed website design project

Mar $13-300(Cash)00$ Paid for online advertising

Mar $15-1,000(Cash)0-1,000(Withdrawals)$ Owner withdrew cash for personal use

Mar $17+1,500(Unearned$ Revenue$)+1,500(Unearned$ Revenue$)0$ Received advance from client

Mar $19-250(Cash)00$ Purchased office supplies

Mar $21-500(Cash)-500(Accounts$ Payable$)0$ Paid towards office furniture

Mar $23000$ Delivered project from Mar $17$

Mar $24000$ Hired part$-$time assistant

Mar $25+5,000(Cash)+5,000(Loan$ Payable$)0$ Took out a small business loan

Mar $26-2,800(Cash),+2,800(Laptop)00$ Purchased high$-$performance laptop

Mar $28+2,800(Cash),-3,800(Accounts$ Receivable$)00$ Received payment for website design project

Mar $29-1,200(Cash)00$ Paid insurance for $12$ months

Mar $30+1,200(Accounts$ Receivable$)0+1,200(Revenue)$ Completed rush job for client

Mar $31-180(Cash)00$ Paid monthly utilities bill

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