Account title Transaction A L Eq I Ex Debit Credit Example: Bought equipment on credit / on account Accounts Equipment Payable 1 Received cash as additional investment. 2 Purchased supplies on...

Extracted text: Account title Transaction A L Eq I Ex Debit Credit Example: Bought equipment on credit / on account Accounts Equipment Payable 1 Received cash as additional investment. 2 Purchased supplies on account. 3. Charged oustomers for services made on account 4 Rendered services to cash customers Paid cash for repairs expense for office building Collected on account receivable in full. Received cash clients for the services to be performed advance from Paid cash to sele accounts. Performed services for the cash received in advance 10 Paid cash to owner for personal use.