action on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do...
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action on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do after analyzing the effect of not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable; A/R = Accounts Receivable; Adv. Advertising; Cap. = McKinney, Capital; Exp. Expense; Liab Liabilities; Rev. Revenue; Sup. Supplies; Withdr. = McKinney, Withdrawals.) = = ASSETS = LIAB. + EQUITY Cash + A/R + Office + Land = A/P + Cap. Withdr. + Service Rent Adv. Sup. Rev. Exp. Exp. action on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do after analyzing the effect of not enter any zeros for your transaction lines.] Carry down all balances to the "Bal." line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used: A/P = Accounts Payable; A/R = Accounts Receivable; Adv. Advertising; Cap. = McKinney, Capital; Exp. Expense; Liab Liabilities; Rev. Revenue; Sup. Supplies; Withdr. = McKinney, Withdrawals.) = = ASSETS = LIAB. + EQUITY Cash + A/R + Office + Land = A/P + Cap. Withdr. + Service Rent Adv. Sup. Rev. Exp. Exp.
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