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Business, 02.06.2020 21:59 enchantednights

Jim Arnold began a business called Arnold's Shoe Repair.
Required:
1. Complete the T accounts for Cash; Supplies; Jim Arnold, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts:
a. Invested cash in the business, $7,000.
b. Purchased supplies for cash, $800.
c. Paid utility bill, $1,500.

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Jim Arnold began a business called Arnold's Shoe Repair.
Required:
1. Complete the T ac...
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