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Ali Omar opened a yard care business, Omar's Yard Care, on March 3 1 , 2 0 2 3 . The following activities occurred during
Ali Omar opened a yard care business, Omar's Yard Care, on March The following activities occurred during his first month of operations:
a Ali Omar invested $ cash and $ of equipment to start his business, Omar's Yard Care.
b Purchased various supplies on account; $
c Bought supplies on credit; $
d Omar signed a $ contract to do yard work beginning in May.
e Did work for a client on account; $
f Performed services for a customer on credit; $
g Paid $ for the supplies purchased in c
h Paid $ for advertising online.
i Collected the amount owed from the customer in f
Using the format, show the effects of the activities listed in a through i For each transaction that affects equity, select the appropriate description beside it owner investment, owner withdrawal, revenue, expenses provided in the dropdownEnter all amounts as positive values. If the transectionevent does not affect equity or does not require a journal entry, select No Affect on Equity" in the 'Explanation of equity transaction' field.
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