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On July 1, Tommy Wrigley established Wrigley Home Appraisal Services, a firm that provides expert residential appraisals and represents clients in home appraisal hearings. TRANSACTIONS 1. The owner invested $95,500 in cash to begin the business 2. Paid $19,450 in cash for the purchase of equipment. 3. Purchased additional equipment for $13,800 on credit 4. Paid $11,500 in cash to creditors. 5. The owner made an additional investment of $28,500 in cash. 6. Performed services for $7,900 in cash. 7. Performed services for $5,700 on account. 8. Paid $3,700 for rent expense. 9. Received $3,200 in cash from credit clients 10. Paid $6,160 in cash for office supplies. 11. The owner withdrew $8,700 in cash for personal expenses. Record in equation form the changes that occur in assets, liabilities, and owners equity for the above transactions. Analyze: What is the ending balance of cash after all transactions have been recorded?Accounting Analyze Equation Record in equation form the changes that occur in assets, liabilities, and owners equity for the above transactions. (Enter decreases to acco balances with a minus sign.) Owners Assets Liabilities+ Equ AccountsSupplies Receivable quipmentAccounts Pavable Owners Capital TransactionsCash 2. 3 4 5 8 10 TotalsRecord in equation form the changes that occur in assets, liabilities, and owners equity for the above transactions Analyze: What is the ending balance of cash after all transactions have been recorded? Accounting Analyze Equation What is the ending balance of cash after all transactions have been recorded? Ending Balance

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accountin uation assets = | liabilities | + | owners e uit accounts accounts transactionscash + +owners capital receivable supplies equipment payable $95,500 + $(19,450)+ 95,500 +$ 19,450 13,800 2 13,800+ (11,500)| + $(11,500)+ 28,500+ $ 7,900+ 4 $ 28,500 7,900 5,700 3,700 + 5,700 (3,700)+ 3,200 (3,200)+ $(6,160) 9 10 +$6,160+ (8,700)+ 8,700) 125,200 totals85,590$ 2,500$6,160$ 33,250 2,300$ analyze ending cash balance

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