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Score: 0 of 10 pts 5 of 6 (4 complete) HW Score: 63.64%, 42 of 66 SF1-10 (book/static) Assigned Media Question Help Elsino's inflatables carns service revenue by providing party planning services and inflatable playscapes. Einine's Inflatable is organized as a sole proprietorship and owned by Elaine Gibson. During the past month, Elaine's Inflatables has the following transactions Click the loon to view the transactions Indicate the effects of the business transactions on the accounting equation for Elaine's Inflatables. Transaction (a) is answered as a guide. Use the following accounts: Cash Accounts Receivable Supplies; Equipment, Accounts Payable, Gibson, Capital, Gibson, Withdrawals Service Revenue Wages Expertso, Rent Expense, and Uties Expense a. Gibson contributed 510,000 to the Increases (Cash) More info b. Purchased equipment for $5,000 a. Gibson contbuted $10,000 to the business in exchange for capital b. Purchased equipment for $5,000 on account. e. Paid $400 for office supplies d. Earried and received $2,500 cash for service revenue e. Paid $400 for wages to employees 1. Gibson withdrew $1,000 cash 9. Earned $1,000 for services provided. Customer has not yet paid. h. Paid $1,000 for rent Received a bill for $250 for the monthly utilities. The bul has not yet been paid. Print Done Choose from any drop-down listan 7 dans reining Clear All Check

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