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

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Analyze the events chronologically, one transaction at a time beginning with the May 1 transaction. For each transaction that follows the May 1st transaction, 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 |ines.] 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. Abbreviation used: Contr. = Contributed; Liab. = Liabilities.) ASSETS = LIAB. + EQUITY Cash + Accounts + Equipment = Accounts + Lawlor, Lawlor, + Service Gas Receivable Payable Capital Withdrawals Revenue Expense 5/1 1,700 + '+ '= V+ 1,700 _ '+ ' . ' 5/3 + + = + _ + _ Bal. + + = + _ + _ 0 More Info Received $1,700 and gave capital to Eric Lawlor. Purchased a mower on account, $1,440. Performed lawn services for client on account, $200. Paid $60 cash for gas used in mower. Enter any number in the edit fields and then 0 Eric Lawlor withdrew cash of $300 C

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