Use the T accounts for Cash below to record the portion of each of the following transactions,
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Use the T accounts for Cash below to record the portion of each of the following transactions, if any, that affect cash. How do these transactions affect the company's liquidity?
Jan. 2 Provided services for cash, $1,200
4 Paid expenses in cash, $700
8 Provided services on credit, $1,100
9 Incurred expenses on credit,$800.
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CASH
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