Record the following transactions using the accounting equation.
Record the following transactions using the accounting equation. | savvyessaywriters.org
Financial Accounting Final Examination
Record the following transactions using the accounting equation.
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Example: |
||||
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Assets |
= |
Liabilities |
+ |
Equity |
|
XXX(cash |
XXX (accounts payable) |
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A. Amanda invests $17,000 cash into her merchandising business.
B. She buys $6,500 of office equipment and $3,000 of office supplies with cash from Office Depot.
C. Additional purchases were supplies for $35,000 on account from various suppliers.
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