| A | B |
|---|
| Withdrew cash from business for personal use $1,500 | - cash in bank and capital |
| Bought supplies on account $400 | +supplies and account payable |
| Owner invested additional cash in the business $7,000 | +cash in bank and capital |
| Wrote a check to a creditor as partial payment on account $700 | -cash in bank and accounts payable |
| Received a check for accounting services $500 | +cash in bank and capital |
| Paid the telephone bill $600 | -cash in bank and capital |
| Owner invested office equipment in the business $2,500 | +in equipment and capital |
| Completed accounting services and agreed to accept payment later, $900 | +accounts receivable and capital |
| Received a check as partial payment on account $450 | +cash in bank - accounts receivable |
