Problem:
Accounts given: (a) cash (b) accounts receivable (c) supplies (d)equipment (e) accounts payable (f) note payable (g) capital (h) withdrawals (i) service revenue (j) utilities expense (k) salary expense.
Transactions given:
(A) purchased equipment for cash.
(B) performed services for cash.
(c) owner invests cash into business.
(d) purchased equipmernt by issuing a note payable
(e) purchased supplies for cash
(f) purchased supplies on account
(g) performed services on account
(h) received cash on account
(i) paid a creditor on account
(j) paid salary of employess for the current period