Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities +

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Record the following transactions in the basic accounting equation. Treat each one separately.

Assets = Liabilities + Owner’s Equity

1. Morgan invests $124,000 in company.

2. Bought equipment for cash, $1,300.

3. Bought equipment on account, $900.

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College Accounting A Practical Approach

ISBN: 9780134729312

14th Edition

Authors: Jeffrey Slater, Mike Deschamps

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Question Posted: Feb 28, 2020 09:01 AM

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Record the following transactions in the basic accounting equation. Treat each one separately. Assets = Liabilities +

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College Accounting A Practical Approach

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