Identify the impact of the following events on the balance sheet equation.
a. The owner pays $3000 into the business bank account.
b. The business acquires equipment for $8000, paying a $3000 deposit, with the balance payable in 90 days.
c. The business provides services for $850 cash.
d. Paid salaries and wages $2300.
e. The business provides a potential customer with a quote of $900 for the provision of services.
f. The business purchases supplies for $385 cash.

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The Answer of Identify the impact of the following events on the balance sheet equation.
a. The owner pays $3000 into the business bank account.
b. The business acquires equipment for $8000, paying a $3000 deposit, with the balance payable in 90 days.
c. The business provides services for $850 cash.
d. Paid salaries and wages $2300.
e. The business provides a potential customer with a quote of $900 for the provision of services.
f. The business purchases supplies for $385 cash.

Identify the Impact of the Following Events on the Balance