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Essay (any type)
23/09/2021
Jay Pembroke started a business. During the first month (April 20–), the following transactions occurred.
a. Invested cash in business, $18,000.
b. Bought office supplies for $4,600: $2,000 in cash and $2,600 on account.
c. Paid one-year insurance premium, $1,200.
d. Earned revenues totaling $3,300: $1,300 in cash and $2,000 on account.
e. Paid cash on account to the company that supplied the office supplies in transaction (b), $2,300.
f. Paid office rent for the month, $750.
g. Withdrew cash for personal use, $100
Required:
Show the effects of the transaction of invidual accounts on the Accounting Equation. After transaction g, show the totals of each element
Thank you much for writing my perfect assignment!.!. Very well written and great service
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