merald Tours Co. is a travel agency. The nine transactions recorded by Emerald Tours during May 20Y5, its first month of operations, are indicated in the following T accounts: Cash Equipment Mary Silva, Drawing (1) 97,000 (2) 1,160 (3) 10,350 (9) 3,200 (7) 10,540 (3) 2,070 (4) 8,120 (6) 3,490 (9) 3,200 Accounts Receivable Accounts Payable Fees Earned (5) 15,910 (7) 10,540 (6) 3,490 (3) 8,280 (5) 15,910 Supplies Mary Silva, Capital Operating Expenses (2) 1,160 (8) 850 (1) 97,000 (4) 8,120 (8) 850 Prepare an unadjusted trial balance, listing the accounts in their proper order. Place the amounts in the proper columns. If an entry is not required in an amount box, leave it blank.

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is