Question: URGENT!! LO2-3 PROBLEM 2.4A AnAlternate Problem on Recording the Effects of Transactions The items making up the balance sheet of Phillips Truck Rental at December
LO2-3 PROBLEM 2.4A AnAlternate Problem on Recording the Effects of Transactions The items making up the balance sheet of Phillips Truck Rental at December 31 are listed below in tabular form similar to the illustration of the accounting equation in Exhibit 2-11 Owners Equity Assets Office Notes Cash Receivable EquipmentrcksPayablePayableCapital Stock Balances $9,500 $13,900 $3,800 $68,000 $20,000 $10,200 $65,000
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