Halladay Enterprises had the following selected transactions. 1. Bo Halladay invested $4,560 cash in

Halladay Enterprises had the following selected transactions.
1. Bo Halladay invested $4,560 cash in the business. 2. Paid office rent of $1,083. 3. Performed consulting services and billed a client $5,928. 4. Bo Halladay withdrew $855 cash for personal use.

Indicate the effect each transaction has on the accounting equation, using plus and minus signs.

Journalize each transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)

Assets = Liabilities + Owner's Equity (Investment) (Expense) (Revenue) (Drawings) No. Account Titles and Explanation Debit Credit