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1. Collected $1,400 of accounts receivable. 2. Paid $3,000 cash on accounts payable. 3. Recognized revenue of $7,600, of which $1,900 is collected in cash
1. Collected $1,400 of accounts receivable. 2. Paid $3,000 cash on accounts payable. 3. Recognized revenue of $7,600, of which $1,900 is collected in cash and the balance is due in 4. Purchased additional equipment for $1,800, paying $400 in cash and the balance on acco
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