List the numbers of the above transactions and describe the

Reference no: EM13482121

Selected transactions for Evergreen Lawn CareCompany are listed below.

1. Made cash investment to star business
2. Paid monthly rent.
3. Purchased equipment on account.
4. Billed customers for services performed.
5. Withdrew cash for owner's personal use.
6. Received cash from customers billed in (4).
7. Incurred advertising expense on account.
8. Purchased additional equipment for cash.
9. Received cash from customers when service was performed.

List the numbers of the above transactions and describe the effect of each transaction on assets, liabilities, and owner;s equity. Forexample, the first answer is: (1) Increase in assets and increasein owner's equity.

Reference no: EM13482121

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