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A dog training business began on December 1. Use additions and subtractions to show the...

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Accounting

A dog training business began on December 1. Use additions and subtractions to show the dollar effects of each transaction on
individual items of the accounting equation.
Note: Enter decreases to account balances with a minus sign.
December 1 Receives $20,000 cash as an owner investment in exchange for common stock.
December 2 Pays $6,000 cash for equipment.
December 3 Pays $3,600 cash (insurance premium) for a 12-month insurance policy. Coverage began on December 1.
December 4 Pays $1,000 cash for December rent expense.
December 7 Provides all-day training services for a large group and immediately collects $1,100 cash.
December 8 Pays $200 cash in wages for part-time help.
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