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2. Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Use the following accounts: Cash; Accounts
2. Indicate the effects of the following business transactions on the accounting equation of Vivian's Online Video store. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Office Furniture, Accounts Payable; Vivian, Capital; Vivian, Withdrawals; Rental Revenue; and Rent Expense. Transaction (a) is answered as a guide. 3(Click the icon to view the transactions.) a. Received cash of $10,000 from owner and gave capital. a. Increase asset (Cash) b. Earned video rental revenue on account, $2,800. b. (1) (2) c. Purchased office furniture on account, $300. ; Increase equity (Vivian, Capital) (3) (4) C. (5) (6) (7) (8) d. Received cash on account, $400. d. (9) (10) (11) (12) e. Paid cash on account, $100. e. (13) (14) f. Rented videos and received cash of $200. f. (17) (18) g. Paid monthly office rent of $1,000. g. (21) (22) h. Paid $100 cash to purchase office supplies. h. (25) (26) (15) (16) (19) (20) (23) (24) (27) (28)
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