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Extend Your Skills EA1-E1 Enter the Accounting Equation In this exercise, you will enter the accounting equation in Excel. First enter appropriate headers and then enter each accounting equation on subsequent rows. Use proper spacing and include the entire accounting equation based on the figures provided. Assets $53,000, Liabilities $31,000, Equity - ? Assets $91,000, Liabilities-???, Equity $77,000 Assets -??, Liabilities $18,000, Equity $27,000 Assets $116,000, Liabilities - $41,000, Equity -??? Assets $72,000, Liabilities -???, Equity $50,000 EA1-E2 Record Journal Entries for A-Man Corp In this exercise, you will record journal entries in Excel for A-Man Corp. Ensure that each journal entry is recorded in proper form, including date and explanation. The transactions that you will journalize, all of which took place during 2016, are as follows: April 1: Aidan Frank deposited $45,000 in a bank account to start a new business, A-Man Corp. April 3: Purchased office furniture for $8,000 April 4: Purchased $1,200 of supplies on account April 8: Received $2,200 for services provided to clients April 13: Billed clients for $3,000 of services rendered April 18: Paid $800 for the supplies purchased on April 4 April 19: Paid telephone expense of $130 April 23: Received $1,300 from clients who were billed on April 13 April 27: Paid utilities expense of $370 April 29: Aidan Frank withdrew $2,500 for personal use EA1-E3 Record Journal Entries for Piracy, Inc. In this exercise, you will record journal entries in Excel. Ensure that each journal entry is recorded in proper form, including date and explanation. The transactions to journalize, all of which took place during 2016, are as follows. October 1: Sean Brendan deposited $30,000 in a bank account to start a new business, Piracy, Inc. October 2: Received $5,100 for services provided to clients October 6: Purchased offic equipment for 5,500 October 9: Purchased $900 of supplies on account October 11: Paid $400 for the supplies purchased on October 9 October 15: Paid telephone expense of $90 October 16: Billed clients for $%1,900 of services rendered October 20: Received $1,600 from clients who were billed on October 16 October 25: Paid miscellaneous expense of $460 October 30: Sean Brendan withdrew $900 for personal use

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