## Answers

Assets | Liabilities | + | Equity | ||||||||||

Cash | + | Accounts Receivable | = | Accounts payable | + | Owner , Cpaital | - | Owner , Withdrawls | + | Revenue | - | Expenses | |

a. | $ 6,800.00 | $ 6,800.00 | |||||||||||

b. | $ 5,300.00 | $ 5,300.00 | |||||||||||

Bal. | $ 6,800.00 | $ 5,300.00 | $ - | $ - | $ - | $ 12,100.00 | $ - | ||||||

c. | $ (2,050.00) | $ (2,050.00) | |||||||||||

Bal. | $ 4,750.00 | $ 5,300.00 | $ - | $ - | $ - | $ 12,100.00 | $(2,050.00) | ||||||

d. | $ 2,650.00 | $ (2,650.00) | |||||||||||

Bal. | $ 7,400.00 | $ 2,650.00 | $ - | $ - | $ - | $ 12,100.00 | $(2,050.00) | ||||||

e. | $ (960.00) | $ (960.00) | |||||||||||

Bal. | $ 6,440.00 | $ 2,650.00 | $ - | $ - | $ - | $ 12,100.00 | $(3,010.00) |

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