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An analysis of transactions for Monty Corp.. a certified public accounting firm, for the month of August is as follows. Assume that August is
An analysis of transactions for Monty Corp.. a certified public accounting firm, for the month of August is as follows. Assume that August is the company's first month of business. Assets Liabilities + Stockh Accounts Cash +Receivable + Supplies + Equipment Accounts Payable Common Stock + Revenues Expen 1. +$15,900 +$15,900 2. -4,000 +$6,000 +$2,000 3. -800 +$800 4. +5,600 +$3,700 5. -1,400 +$9,300 -1,400 6. -1,600. 7. -750 8. +500 -500 9. -3,800 -3,8 10 10. +450 Y
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