Record the following transactions in the expanded accounting equation. Do not calculate a running balance. a. Black
Question:
a. Black invested $60,000 in a computer company.
b. Bought computer equipment on account, $7,000.
c. Black paid personal telephone bill from company checkbook, $100.
d. Received cash for services rendered, $14,300.
e. Billed customers for services rendered for month, $30,600.
f. Paid current rent expense, $3,600.
g. Paid supplies expense, $1,470.
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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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