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hello, can you write the solution on hand writting Question4: (3 marks) TRUMBO decides...

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Accounting

imagehello, can you write the solution on hand writting

Question4: (3 marks) TRUMBO decides to open a cleaning and laundry service. Analyze the following transactions for the month of June in terms of their effect on the basic accounting equation. (1)Issued ordinary shares in exchange for $20,000 cash on June 1. (2) Cash receipts from customers for cleaning and laundry amounted to $2,500 Assets = liabilities + Equity Share Retained earnings capital revenues - expenses - dividends cash equipment supplies AR 1 2 TOTAL

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