Question: Explain each transaction (a-h) entered in the following T accounts: CASH a. 30,000 b. 7,500 g 750e 1,500 h. 450f. 2,250 ACCOUNTS PAYABLE f. 2,250
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CASH a. 30,000 b. 7,500 g 750e 1,500 h. 450f. 2,250 ACCOUNTS PAYABLE f. 2,250 d. 4,500 WAGES ExPENSE ACCOUNTS RECEIVABLE C. 3,000 g. EQUIPMENT b. 7,500h 450 d. 4,500 750 B. CALDWELL, CAPITAL SERVICE REVENUE a. 30,000 C. 3,000 e ,500
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Rules of accounting 1 Personal account Debit the receiver and credit the giver 2 Real account Debit ... View full answer
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