Question: how to solve Transaction Analysis Analyzing and recording CDE3. Record the following transaction in the transaction analysis chart: Provided bookkeeping services for $2,500, receiving $600
Transaction Analysis Analyzing and recording CDE3. Record the following transaction in the transaction analysis chart: Provided bookkeeping services for $2,500, receiving $600 cash with the remainder to be naid next month. (Please note that we list the debit transactions first.) Calculating owner's equity CDE4. As of January 1, L. Moorc, Capital had a credit balance of $24,100. During the year, withdrawals totalled $2,500 and the business had a net income of $10,500. (3) (5 min) Ealculate the balance of S. Lawrence, Capital as of the end of the year
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