Exercise 1-9A on page 40 Exercise 1-10A on page 40 Exercise 1-4A on page 38 Exer

Exercise 1-9A on page 40
Exercise 1-10A on page 40
Exercise 1-4A on page 38
Exercise 1-7A on page 39
Exercise 1-6A on page 39
Exercise 1-8A on page 39
Part 2
Question 1: What is the accounting equation?  Why is this important to the practice of accounting?  Please provide an example of how the accounting equation works with recording transactions within a business.
Question 2: Is there a difference between bookkeeping and accounting? Discuss.
Question 3: Accounting reports past performance. How can this be useful when planning future operations?

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