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2 3 3 Question (Non-anonymous question o) (6 Points) An analysis of the transactions made by I. Kang & Co Ltd, a public accounting firm,
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3 3 Question (Non-anonymous question o) (6 Points) An analysis of the transactions made by I. Kang & Co Ltd, a public accounting firm, for the month of August is shown below Assets Liabilities Equity Accounts Accounts Share Retained Earnings Cash + Receivable Supplies - Equipment Payable Capital Rev. Exp. - Div. + + - . 1.-10,000 +10,000 2. +3.000 *3,000 3 -750 +1,000 250 4. +4,600 4,500 9,100 5 + 2,000 2,000 6 -3,000 -3,000 2. I instructions: A) Describe each transaction that occurred for the month. B) Compute the amount of net income for the monthStep by Step Solution
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