Lopez, Withdrawals; Revenues; and Expenses. 2 . Use additions and subtractions within the table created in part
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Lopez, Withdrawals; Revenues; and Expenses.
2 . Use additions and subtractions within the table created in part I to show the dollar effects of each trans¬ action on individual items of the accounting equation. Show new balances after each transaction.
3 . Once you have completed the table, determine the company’s net income.
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Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9780077716660
21st Edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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