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  • Accounting Transactions Summary

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    dag mawi
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    The document appears to be a record of transactions for a business. It shows that on day 1, the business received $55,000 in cash and increased its owner's equity. On day 2, the business paid $7,000 to accounts payable and decreased cash. It also shows various increases and decreases to accounts receivable, cash, owner's equity, accounts payable, and utilities expense over the period of 6 days.

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    Accounting transactions summary_

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    The document appears to be a record of transactions for a business. It shows that on day 1, the business received $55,000 in cash and increased its owner's equity. On day 2, the business paid $7,000 to accounts payable and decreased cash. It also shows various increases and decreases to accounts receivable, cash, owner's equity, accounts payable, and utilities expense over the period of 6 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    1 views1 page

    Accounting Transactions Summary

    Uploaded by

    dag mawi
    The document appears to be a record of transactions for a business. It shows that on day 1, the business received $55,000 in cash and increased its owner's equity. On day 2, the business paid $7,000 to accounts payable and decreased cash. It also shows various increases and decreases to accounts receivable, cash, owner's equity, accounts payable, and utilities expense over the period of 6 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    1 A Cash $55,000 Increase

    New chat
    1 OE Owner's Equity $55,000 Increase

    History is temporarily unavailable. 2 L Accounts Payable $7,000 Decrease


    We're working to restore this
    2 A Cash $7,000 Decrease
    feature as soon as possible.
    3 R Accounts Receivable $2,565 Increase

    3 OE Owner's Equity $2,565 Increase

    4 A Cash $8,450 Increase

    4 R Accounts Receivable $8,450 Decrease

    5 A Cash $2,500 Decrease

    5 OE Owner's Equity $2,500 Decrease

    6 L Accounts Payable $160 Increase

    6 E Utilities Expense $160 Increase

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