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3.33 points eBook Hint Print Exercise 3.2 (Algo) Using T accounts to analyze transactions. LO 3-2 Bobby Collins decided to start a dental practice.
3.33 points eBook Hint Print Exercise 3.2 (Algo) Using T accounts to analyze transactions. LO 3-2 Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins invested $84,000 cash in the business. 2. Paid $24,000 in cash for equipment. 3. Performed services for cash amounting to $8.400. 4. Paid $3,200 in cash for advertising expense. 5. Paid $2,400 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. References Req 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions. Transactions Transaction 1 Transaction 2 Transaction 3 Transaction 4 Transaction 5 Debit Credit Rag 1 Req 2 and 3 >
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