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Aug. 2. Invested $10,500 from personal savings to increase the working capital of the business. 3. Received an invoice from Kelly's, a supplier of office

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Aug. 2. Invested $10,500 from personal savings to increase the working capital of the business. 3. Received an invoice from Kelly's, a supplier of office supplies, for $5,250. Payment will be made later. 4. Paid $1,200 for insurance premium to cover risks for the next six months. 6. The owner, Kevin Smith, withdrew $950 for personal use. 8. Paid Kelly's his invoice in full. 10. Billed customers on account for $15,000, to be paid after 15 days. 18. Hired a shop assistant to be paid $380 per week. He is to start work on January 1, 2023. 25. Received payment from the credit customers of January 10th. 2. Prepare T accounts for the above transactions in problem 1 , be sure to show balances in the accounts. [15] 3. Prepare a trial balance and balance sheet for Kevin Smith, as of January 31, 2023, from the above account balances. [15]

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