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An analysis of transactions for Tamarisk, Inc., a certified public accounting firm, for the month of August is as follows. Assume that August is
An analysis of transactions for Tamarisk, Inc., 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 + Stockhol Accounts Accounts Cash + Receivable + Supplies + Equipment = Payable + Common Stock + Revenues Expense 1. $15,400 $15,400 2. -2,100 $5,600 $3,500 3. -800 $800 4. 6,300 $3,200 5. -1,400 $9,500 -1,400 6. -1,000 7. -800 -$80 8. 550 -550 9. -3,900 10. -3,90 -65 650
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