Analyze each of the following transactions in terms of their effects on the accounting equation of Hawkins Delivery Service. Enter the correct amounts in the columns of the spreadsheet.
a) The owner, James Hawkins contributes $75,000 to form the business.
b) The business purchases $750 of office supplies on account.
c) The business pays cash to purchase a delivery van for $25,000.
d) Services are performed for clients and $5,000 cash is received.
e) Cash is paid for office rent expense, $800 and utilities expense, $400.
f) The owner withdrew $1,000 from the company.

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The Answer of Analyze each of the following transactions in terms of their effects on the accounting equation of Hawkins Delivery Service. Enter the correct amounts in the columns of the spreadsheet.
a) The owner, James Hawkins contributes $75,000 to form the business.
b) The business purchases $750 of office supplies on account.
c) The business pays cash to purchase a delivery van for $25,000.
d) Services are performed for clients and $5,000 cash is received.
e) Cash is paid for office rent expense, $800 and utilities expense, $400.
f) The owner withdrew $1,000 from the company.

Analyze Each of the Following Transactions in Terms of Their