Question: Prepare a basic analysis, equation analysis, and debit-credit analysis for Basler Corporation first month of operation Sept 1.st issued common share of 20k 2nd performed
Prepare a basic analysis, equation analysis, and debit-credit analysis for Basler Corporation first month of operation
Sept
1.st issued common share of 20k
2nd performed 9k of services for a customer
4th purchased equipment for 12k, paying 5k in cash and borrowing the balance from the bank
10th purchased 500 of supplies on account
25th received 4,500 cash in advance for architectural services to be provided next month
30th paid 300 on account in partial payment of the amount owing for supplies (part of the above purchase on Sept 10 transaction)
30th collected 5k on account owing from customer (see Sept 2 transaction)
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