Effect of Transactions on Accounting Equation Jay Pembroke started a business. During the first month (April 20--), the following transactions occurred. Invested cash in business, $19,999. Bought office supplies for $4,704: $2,118 in cash and $2,586 on account. Paid one-year insurance premium, $1,361. Earned revenues totaling $3,307: $1,126 in cash and $2,181 on account. Paid cash on account to the company that supplied the office supplies in transaction (b), $2,291. Paid office rent for the month, $814. Withdrew cash for personal use, $120.

Borrowed $22 cash on July 1, 2018, signing a six-month note payable. Purchased equipment for $25 cash on July 2, 2018. Issued additional shares of common stock for $5 on July 3. Purchased software on July 4, $3 cash. Purchased supplies on July 5 on account for future use, $7. Recorded revenues on December 6 of $55, including $8 on credit and $47 received in cash. Recognized salaries and wages expense on December 7 of $30; paid in cash. Collected accounts receivable on December 8, $9. Paid accounts payable on December 9, $10. Received a $3 cash deposit on December 10 from a hospital for a contract to start January 5, 2019.   Amortization for 2018, $1. Supplies of $3 were counted on December 31, 2018. Depreciation for 2018, $4. Accrued interest of $1 on notes payable. Salaries and wages incurred but not yet paid or recorded, $3. Income tax expense for 2018 was $4 and will be paid in 2019. What is the transaction for all of these?

with this entries   July 1 Began business by making a deposit in a company bank account of $40,000, in exchange for 4,000 shares of $10 par value common stock. July 1 Paid the premium on a 1-year insurance policy, $4,800. July 1 Paid the current month's store rent expense, $3,600. July 6 Purchased repair equipment from Paul's Pool Equipment Company, $7,800. Paid $600 down and the balance was placed on account.   July 8 Purchased repair supplies from Mary's Repair Company on credit, $450. July 10 Paid telephone bill, $300. July 11 Cash pool service revenue for the first third of July, $2,650. July 18 Made payment to Mary's Repair Company, $300. July 20 Cash pool service revenue for the second third of July, $4,000. July 31 Cash pool service revenue for the last third of July, $2,250. July 31 Paid the current month's electric bill, $500. July 31 Declared and paid cash dividend of $1,100.   i have to Prepare adjusting entries using the following information in…

Transaction Analysis Galle Inc. entered into the following transactions during January. Borrowed $50,000 from First Street Bank by signing a note payable. Purchased $25,000 of equipment for cash. Paid $500 to landlord for rent for January. Performed services for customers on account, $10,000. Collected $3,000 from customers for services performed in Transaction d. Paid salaries of $2,500 for the current month. Required: Show the effect of each transaction using the following model. If an amount box does not require an entry, leave the cells blank or enter zero ("0"). Enter decreases in account values as negative numbers. If the effect of a transaction is to increase AND decrease the same item, enter "0" since the net effect on the item is zero.   Assets = Liabilities + Stockholders' Equity           ContributedCapital + RetainedEarnings