I need help putting this in an expanded accounting equation

timer Asked: Aug 30th, 2015

Question description

 a. Invested $4,500 of his savings into the business. 

 b. Paid $1,200 (check #8095) for the computer from Multi Systems, Inc. 

 c. Paid $600 (check #8096) for office equipment from Office Furniture, Inc. 

 d. Set up a new account with Office Depot and purchased $250 in office 

supplies on credit. 

 e. Paid July rent, $400 (check #8097). 

 f. Repaired a system for a customer and collected $250. 

 g. Collected $200 for system upgrade labor charge from a customer. 

 h. Electric bill due but unpaid, $85. 

 i. Collected $1,200 for services performed on Taylor Golf computers. 

 j. Withdrew $100 (check #8098) to take his wife, Carol, out in celebration 

of opening the new business. 

Tutor Answer

(Top Tutor) Studypool Tutor
School: Rice University
Studypool has helped 1,244,100 students
flag Report DMCA
Similar Questions
Hot Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors