Question: Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins invested 81,000 cash in the business. 2.
Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins invested 81,000 cash in the business. 2. paid 21,000 in cash for equipment. 3. performed services for cash amounting to 8,100. 4 2900 in cash advertising expenses. 5. paid 2,100 in cash for supplies. (1) Select which two accounts are affected in each of the above transitions (2&3 Post the above transitions into the appropriate T accounts.

Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins invested $81,000 cash in the business. 2. Paid $21,000 in cash for equipment. 3. Peiformed services for cash amounting to $8,100 4. Paid $2,900 in cash for advertising expense. 3. Paid $2,100 in cash for supplies: (1) Select which two accounts are affected in each of the above transactions. (2a) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Select which two accounts are affected in each of the above transactions
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