Question: Complete the following chart for the selected transactions for Martha's Muffins shown below. a. Martha invests $10,000 cash into a business known as Martha's Muffins.
a. Martha invests $10,000 cash into a business known as Martha's Muffins.
b. Martha purchases baking supplies on account for $500.
c. Martha receives and pays the kitchen's utilities bill amounting to $425.
d. Sales revenue for the current period amounts to $2,000 (all revenue transactions involved cash).
e. Martha purchases a new fridge for $3,500 cash.
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Assets Liabilities Owner's Equity a) b) d) e) Totals
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