Quick-Start Home Repair Company completed the following transactions in June 1999: a. Prepare a summary of transactions
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Quick-Start Home Repair Company completed the following transactions in June 1999:
a. Prepare a summary of transactions (see Part A of Illustration 1.3). Include money columns for Cash, Accounts Receivable, Trucks, Notes Payable, Capital Stock, and Retained Earnings. Determine balances after each transaction to show that the basic accounting equation balances.
b. Prepare a balance sheet as of June 30, 1999.
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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