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Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1 st . For each transaction that follows the transaction

Analyze the events chronologically, one transaction at a time, beginning with the transaction on the 1st. For each transaction that follows the transaction on the 1 st, calculate the balance in each
account after analyzing its effect on the accounting equation. (Complete only the necessary answer boxes for your transaction lines. [Do not enter any zeros for your transaction lines.] Carry
down all balances to the "Bal." line, including zero balance accounts, entering a "0" for any zero balances. Enter a decrease in an account with a minus sign or parentheses. Abbreviations used:
A/P = Accounts Payable; A/R = Accounts Receivable; Adv. = Advertising; Com. = Common; Contr. = Contributed; Div. = Dividends; Exp. = Expense; Liab. = Liabilities; Off. = Office; Sal. =
Salaries; Serv. Rev. = Service Revenue; Sup. = Supplies; Util. = Utility.)
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