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Analyzing and Reporting Financial Statement Effects of Transactions the following transactions. Enter the transactions, a through g, into the financial statement effects template below. a.
Analyzing and Reporting Financial Statement Effects of Transactions the following transactions. Enter the transactions, a through g, into the financial statement effects template below. a. Carter (owner) invested in the company $300,000 cash and $60,000 in property and equipment. The company issued common stock to Carter. b. The company paid $9,600 cash for rent of office furnishings and facilities for March. c. The company performed services for clients and immediately received $12,000 cash for these services. d. The company performed services for clients and sent a bill for $72,000 with payment due within 60 days. e. The company compensated an office employee with $14,400 cash as salary for March. f. The company received $30,000 cash as partial payment on the amount owed from clients in transaction d. g. The company paid $2,805 cash in dividends to Carter (owner)
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