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. 2-Jay Pembroke started a business. During the first month (April 20--), the following transactions occurred. Invested cash in business, $18,000. Bought office supplies for $4,600: $2,000 in cash and $2,600 on account. Paid one-year insurance premium, $1,200. Earned revenues totaling $3,300: $1,300 in cash and $2,000 on account Paid cash on account to the company that supplied the office supplies in transaction (b), $2,300. Paid office rent for the month, $750. Withdrew cash for personal use, $100. Required a. Prepare a tabular summary of the transactions. b. Prepare the income statement, owner's equity statement, and balance sheet for Jay Pembroke as of April 30, 20. . 33 Prepare by Lecturer: Ahmed Mostafa Soliman Dute Capital . Dr. Amowl Cr. Amount Cash 6 Asset o Capital Cash Debit Scapital Credit ) + || Details Cash Capital rent Expenses cash cal Phant 00 ,11 - 300 3,5 All ) )) & cash ,1 Revenres
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