Mia Anabelle of Winnipeg began a new business called Mias Nail Spa. The following transactions resulted: A.
Question:
Mia Anabelle of Winnipeg began a new business called Mia’s Nail Spa. The following transactions resulted:
A. Mia invested $16,000 cash from her personal bank account into the salon.
B. Bought equipment on account, $1,500.
C. Paid $800 cash to reduce what was owed from Transaction B.
D. Purchased additional equipment for cash, $3,000.
Record these transactions in the basic accounting equation
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Transaction a BALANCE Transaction b BALANCE Transaction c BALANCE ...View the full answer
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Related Book For 
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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