After graduating from college, Abe Shultz decided to start a pet grooming service called Kits & Pups Grooming.
INSTRUCTIONS Use a form similar to the one that follows. For each of the
following transactions:
1. Identify the accounts affected, using the account names on the form.
2. Determine the amount of the increase or decrease for each account.
3. Write the amount of the increase (+) or decrease (_) in the space under
each account affected.
4. On the following line, write the new balance for each account.
5. Transaction 1 is completed as an example.