Union County College The Accounting Equation Chapter Activity \#1 A. The owner (Alex Carr) invested...

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Union County College The Accounting Equation Chapter Activity \#1 A. The owner (Alex Carr) invested $15,000 cash in the company B. The company purchased supplies for $500 cash C. The company purehased $10,000 of equipment on eredit. The credit was given based on a written note stating the terms of payment D. The company purchased $200 of additional supplies on credit E. The company purchased land for $9,000 cash F. The company received $7000 cash for plowing service provided to JMD company G. The company paid $600 for rent; $250 for utilities H. The company provided $9500 plowing service to MMJ on credit L. MMJ paid $9500 for the service received 3. The company paid $5000 on the notes payable for the equipment purchased on credit Note: use parenthesis around numbers to denote subtraction. Example (\$500) Union County College The Accounting Equation Chapter Activity \#1 A. The owner (Alex Carr) invested $15,000 cash in the company B. The company purchased supplies for $500 cash C. The company purehased $10,000 of equipment on eredit. The credit was given based on a written note stating the terms of payment D. The company purchased $200 of additional supplies on credit E. The company purchased land for $9,000 cash F. The company received $7000 cash for plowing service provided to JMD company G. The company paid $600 for rent; $250 for utilities H. The company provided $9500 plowing service to MMJ on credit L. MMJ paid $9500 for the service received 3. The company paid $5000 on the notes payable for the equipment purchased on credit Note: use parenthesis around numbers to denote subtraction. Example (\$500)

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