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Essay Details:
Essay text:
Assets = Liabilities + Owner's equity
Cash 6000 Owners equity 6000
2. Assets = Liabilities + Owners' Equity
Cash 6000 Owners' Equity 6000
Loan 2000 Note Payable 2000
8000 8000
3. Assets = Liabilities + Owners' Equity
Cash 8000 Owners equity 6000
Sales 900 Note Payable 2000
8900 Sales 900
8900
4. Assets = Liabilities + Owners' Equity
Cash 8000 Owners' equity 6000
Sales 900 Note Payable 2000
Expenses (650) Sales 900
8250 Expenses (650)
8250
5. Assets = Liabilities + Owners' Equity
Cash 8000 Owners' Equity 6000
Sales 900 Note Payable 2000
Expenses (650) Sales 900
Distributions (25) Expenses (650)
8225 Distribution (25)
8225
1...
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Common topics in this essay:
- Business Accounting
- Business Information
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- Managing Business Information Systems
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