(Solution) - Janis Evans decided to open an editing service in Vernon -(2025 Original AI-Free Solution)

Paper Details

Janis Evans decided to open an editing service in Vernon. Record the following transactions in the transaction analysis charts:
A. Janis invested $3,000 in the editing service from her personal savings account.
B. Purchased office equipment on account, $1,875.
C. Rent expense was due but not yet paid, $425.
D. Performed editing services for cash, $2,100.
E. Billed clients for editing services provided, $1,490.
F. Janis paid a home repair bill from the company bank account, $160.
The chart of accounts for the business includes Cash; Accounts Receivable; Office Equipment; Accounts Payable; Janis Evans, Capital; Janis Evans, Withdrawals; Editing Fees Earned; and Rent Expense.