Business, 05.03.2020 11:01 destineyburger2

Analyze the following transactions as to their effect on the accounting equation. The company paid $725 to a vendor for supplies purchased previously on account. The company performed $850 of services and billed the customer. The company received a utility bill for $395 and will pay it next month. The owner of the company withdrew $145 of supplies for personal use. The company paid $315 in salaries to its employees. The company collected $730 of cash from its customers on account. Some of the possible effects of a transaction on the accounting equation are listed below: Asset, dr.; Asset, cr. Asset, dr.; Owner's Equity, cr. Asset, dr.; Liability, cr. Asset, dr.; Revenue, cr. Liability, dr.; Assets, cr. Drawing, dr.; Asset, cr. Expense, dr.; Assets, cr. Expense, dr.; Liability, cr. Select the appropriate number next to each transaction below: a. The company paid $725 to a vendor for supplies purchased previously on account. b. The company performed $850 of services and billed the customer. c. The company received a utility bill for $395 and will pay it next month. d. The owner of the company withdrew $145 of supplies for personal use. e. The company paid $315 in salaries to its employees. f. The company collected $730 of cash from its customers on account.

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Analyze the following transactions as to their effect on the accounting equation. The company paid $...

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