Analyzing transactionsLawlor Lawn Service began operations and completed the following tra...

Analyzing transactions

Lawlor Lawn Service began operations and completed the following transactions during May, 2012:

Requirement

1. Analyze the effects of Lawlor Lawn Service transactions on the accounting equation. Use the format of Exhibit 1-6, and include these headings: Cash; Accounts receivable; Lawn supplies; Equipment; Accounts payable; and Lawlor, capital.