Question: Transaction Effects on the Basic Accounting Model Problem #4 The following are some transactions of Maricel Supan Services: A L OE a. Received cash as
Transaction Effects on the Basic Accounting Model Problem #4 The following are some transactions of Maricel Supan Services: A L OE a. Received cash as additional investment. b. Purchased supplies on account. C. Charged customers for services made on account. d. Rendered services to cash customers. e. Paid cash for rent on building. f. Collected on account receivable in full. g- Paid cash for supplies. h. Returned supplies purchased on account. i. Paid cash to settle accounts. j. Paid cash to owner for personal use
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