Record the following transactions in the basic accounting equation. Treat each one separately. a. Morgan invests $118,000

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Record the following transactions in the basic accounting equation. Treat each one separately.
a. Morgan invests $118,000 in company.
b. Bought equipment for cash, $1,100.
c. Bought equipment on account, $800.

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College Accounting A Practical Approach

ISBN: 978-0133133233

12th edition

Authors: Jeffrey Slater

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Question Posted: Apr 24, 2014 09:37 AM

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Record the following transactions in the basic accounting equation. Treat each one separately. a. Morgan invests $118,000

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