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All one hw question, please help Yard Professionals Inc. experienced the following events in Year 1, its first year of operation: 1. Performed services for
All one hw question, please help
Yard Professionals Inc. experienced the following events in Year 1, its first year of operation: 1. Performed services for $35,000 cash. 2. Purchased $6,000 of supplies on account. 3. A physical count on December 31, Year 1, found that there was $1,800 of suppies on hand. Required Based on this information alone a. Record the events in general ledger accounts under an accounting equation. (Enter any decreases to account baian minus sign.) YARD PROFESSIONALS INC. Effect of Events on the Accounting Equation for Year 1 Stockholders Assets Liabilitis Equity Event Retained Cash Supplies Accounts 1. Provided service 2. Purchased supplios 3. Used suppliesStep by Step Solution
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