Record the following transactions in the basic accounting equation:
a.Brian invests $10,000 cash to begin an accounting service.
b.The company buys office furniture for cash,$600.
c.The company buys additional office furniture on account,$300.
d.The company makes a payment on the office furniture,$200.
Definitions:
V-Chip
A technology in television sets that allows parents to block content deemed inappropriate for children based on rating systems.
Television Industry
A sector of the economy involved in the production and distribution of content intended for broadcast viewing on television.
Data Lake
A storage repository that holds a vast amount of raw data in its native format until it is needed.
Mobikwik
An Indian digital payment system and financial technology company that provides a mobile phone based payment system and digital wallet.
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