1. Investment of cash in the business 2. Purchase of computer equipment for cash 3. Billed a customer for services rendered 4. Paid salaries 5. Purchased office supplies on credit 6. Paid advertising expense 7. Paid rent in advance for 3 months 8. Received cash from customers on account 9. Withdrew cash for personal use 10. Invested land into the company

1. Investment of cash in the business 2. Purchase of computer equipment for cash 3. Billed a customer for services rendered 4. Paid salaries 5. Purchased office supplies on credit 6. Paid advertising expense 7. Paid rent in advance for 3 months 8. Received cash from customers on account 9. Withdrew cash for personal use 10. Invested land into the company

Name: Mini task Peta2M_FABM1Indicate whether it is an increase (+), decreas
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Description: Mini task Peta2M_FABM1Indicate whether it is an increase (+), decrease (-), or no effect on the asset, liabilities and equityaccounts.Assets Liabilitles Equity1. Investment of cash in the business2. Purchase of computer equipment for cash3. Billed a

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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