A. Invested $ 23, 000 cash from her personal bank account into the business.
B. Bought store equipment for cash, $ 4,100. C. Bought additional store equipment on account, $ 6, 400. D. Paid $ 500 cash to partially reduce what was owed from Transaction C.
Transaction lines are identified by the corresponding transaction letter (A., B, etc.). If the net effect of a transaction on an account categorylong dashAssets, Liabilities, or Owner's Equitylong dash is $0, leave the cell blank, do not enter a "0". Beginning with transaction B., calculate the ending balances on the "Bal." line for applicable account categories that have a non-zero balance.
Assets = Liabilities + Owner's Equity
Cash + Store Equipment = Accounts Payable + M. Arsen, Capital
