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An analysis of the transactions made by Oriole & Co. a certified public accounting firm, for the month of August is shown as follows. The
An analysis of the transactions made by Oriole & Co. a certified public accounting firm, for the month of August is shown as follows. The expenses were $650 for rent, $4,800 for salaries and wages, and $370 for utilities Accounts Accounts Owner's Cash Receivable Supplies Equipment - Payable + Capital Owner's Drawings + Revenu 2. $15.500 +$15,500 2 -3.500 +$5,800 +$2.300 -700 +$700 4 +4.300 $3.300 +$7.6 5. -1700 -1.100 -1,700 -$1,100 7 -650 E +450 -450 9. -4,800 10 +370 10. (b) Determine how mach owner's equity increased for the month Net increase in owner's equity Compute the amount of net income for the month Net income $ eTextbook and Media +370 Attempts of Sused Are
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