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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
a. Davis deposited $20,000 in a bank in the name of the business.
b. Bought office equipment on account from Starkey Equipment Company, $4,120.
c. Davis invested her personal photographic equipment , $5,370. ( Increase the account Photo Equipment and increase the account S. Davis, Capital)
d. Paid the rent for the month, $1,500, Ck. No. 1000 (Rent Expense).
e. Bought supplies for cash, $215, Ck. No. 1001.
f. Bought insurance for two years, $1,840, Ck. No. 1002.
g. Sold graphic services for cash, $3,616 (Professional Fees).
h. Paid the salary of part-time assistant, $982, Ck. No. 1003 (Salary Expense).
i. Received and paid the bill for telephone service, $134, Ck. No. 1004 (Telephone Expense).
j. Paid cash for minor repairs to graphics equipment, $185, Ck. No. 1005 (Repair Expense).
k. Sold graphic services for cash, $3,693 (Professional Fees).
l. Paid on account to Starkey Equipment Company, $650, Ck. No. 1006.
m. Davis withdrew cash for personal use, $1,800, Ck. No. 1007.
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Please help find the formula for this t account
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