Question: Follow the same format as in BE1.7. Determine the effect on assets, liabilities, and owners equity of the following three transactions. a. Invested cash in

Follow the same format as in BE1.7. Determine the effect on assets, liabilities, and owner’s equity of the following three transactions.
a. Invested cash in the business.
b. Withdrawal of cash by owner.
c. Received cash from a customer who had previously been billed for services performed.

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