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Kristin Holden started her own consulting business in July,20--.During the first month,the following transactions occurred:
Required:
a. Owner invested cash in the business.
b. Purchased office equipment for cash.
c. Purchased computer equipment costing on account.
d. Paid office rent for the month.
e. Received cash from a client for services rendered.
f. Paid water bill for the month, .
g. Paid on account for computer equipment purchased in transaction (c).
h. Paid the electric bill for the month, . Record the effects of these transactions in an accounting equation worksheet.
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