Exercise 4 Contabilidad al dia is an accounting company operated by Jose Ramos. At the...
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Accounting
Exercise 4 Contabilidad al dia is an accounting company operated by Jose Ramos. At the end of April, the following transactions were recorded: 1. Advertising expenses of $ 1,000 were paid. 2. There was a purchase of office supplies on credit for $ 1,500. 3. Services rendered to customers on credit were billed for $ 5,000. 4. The payment was received for a service rendered at the time of s $ 800. 5. The Payment for services rendered on credit was received for $ 3,500. Indicate the effect of each transaction using the accounting equation
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