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7. Using the Accounting Equation please record the following business transactions as the example shown for the merchandising company James Soccer store: September 1-: James

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7. Using the Accounting Equation please record the following business transactions as the example shown for the merchandising company James Soccer store: September 1-: James Clark invested $10,000 cash in the company. Sep 2* James Soccer Store bought supplies for 2,000 and agreed to pay in the near future. Sep 3: James Soccer Store used 600 cash for paying the rent of the office Sep 5: James Clark withdrew 1,000 cash from the company for his personal use Sep 6: James Soccer Store earned 1.500 cash as revenue. Sep 10: James Soccer Store paid 1,000 cash on the account for the supplies bought on Sep. 2. Sep 11: James Clark bough a car with for his personal use for 5,000. Sep 12: James Soccer Store sold 5,000 of merchandise that will be paid by the client in the future, Date Assets Liabilities Owner's Equity Sep 1 Cash +10,000 Owner's Capital +10,000 Sep 2

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