Date Account Title/ Explanation PR Debit Credit

a Cash 105,000
office equipment 6,000
dafting equipment 45,000
S. Shelton, Capital 156000
Investment by owner

b Land 54,000
cash 5,400
notes payable 48,600
Purchase of land with cash and on credit

c Building 7,500
cash 7,500
Purchase building for cash

d prepaid insurance 6,000

cash 6,000
paid for 18 month inurance

e cash 5,700
revenue 5,700
collected for services rendered

f equipment 22,500
cash 10,500
account payable 12,000

g accounts receivable 12000

engineer fees earned 12000
completed engineering services for clients

h office equipment
account payable 2250
purcahse additional eqiupment or credit 2250

i Account receivable 18000

engineer fees earned 18000
Completed engineer services on credit

j Equopment rental expense 1200

accounts payable 1200
Receive bill for equipment rental

k cash 7200
 Accounts recivable 7200
collected cash in partial payment from client

l wages expense 1500

cash 1500

m Accounts payable 2500

cash 2500

n repairs expense 675

cash 675

o S. Shelton, withdrawl 9360

cash 9360

p Wages expense 15000

cash 15000

q advertising expense 3000

cash 3000