March 1 Contributed $50,000 to the accounting practice.
3 Bought office furniture and equipment on credit from RDB Office Supplies. The recommended retail price of the furniture and equipment is $29,500; however, the invoice price is $ 28,000

Form heading: cash, account receivable, office furniture & equiptment, account payalbe and R.Touche. Capital

March 1 Contributed $50,000 to the accounting practice.
3 Bought office furniture and equipment on credit from RDB Office Supplies. The recommended retail price of the furniture and equipment is $29,500; however, the invoice price is $ 28,000

Form heading: cash, account receivable, office furniture & equiptment, account payalbe and R.Touche. Capital

Hi, icepoint!

Are you looking for a direct answer to your question, or for someone to come along and teach you how to arrive at the correct answer yourself, please?

If the former is true, please click on the following link to read the announcement there.

https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

Thanks!