Business, 21.02.2020 03:56 AkramMasoud

TRANSACTIONS1. John Amos started the business with a cash investment of $60,000.2. Purchased equipment for $22,000 on credit.3. Performed services for $3,100 in cash.4. Purchased additional equipment for $4,600 in cash.5. Performed services for $5,050 on credit.6. Paid salaries of $4,450 to employees.7. Received $3,200 cash from charge account customers.8. Paid $13,000 to a creditor onaccount. show how each transaction would be recorded in the accounting equation. (enter decreases to account balances with a minus sign.)

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TRANSACTIONS1. John Amos started the business with a cash investment of $60,000.2. Purchased equipme...

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