To analyze and indicate the effect of the following transactions on the expanded accounting equation.
Security and more is managed by Manuel Ayala. During the month of January the following transactions were recorded:
The company received cash for an owner investment of $28,000.
Equipment for the guards was purchased for $5,000 on credit.
He paid $1,500 in rent and $700 in electric bill.
A customer was offered a service on credit for $5,000.
Seguridad y más paid $1,500 to the account he had on credit.
$3,000 was received from the customer who had a credit account.
Materials for security guards were purchased in cash for $2,100
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