Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities +
Question:
Assets = Liabilities + Owner's Equity
a. Mandy invests $114,000 in company.
b. Bought equipment for cash, $1,600.
c. Bought equipment on account, $1,150.
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780133791006
13th Edition
Authors: Jeffrey Slater
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