Explain each transaction ah in the following T accounts: CASH ACCOUNTS RECEIVABLE EQUIPMENT a. 40,000 b 15,000
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Explain each transaction a–h in the following T accounts:
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CASH ACCOUNTS RECEIVABLE EQUIPMENT a. 40,000 b 15,000 . 8,000 9. h. 900 f 1,500 b. 15,000 h 900 d. 9,000 1,500 3,600 h. 900f. 4500 ACCOUNTS PAYABLE COMMON STOCK SERVICE REVENUE f. 4,500 d 9,000 a. 40,000 C. 8,000 WAGES EXPENSE e. 3,600
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a Issued common stock for cash 40 000 b Purchased equipment ...View the full answer
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