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Based on the following transactions that occurred during 2015, prepare T accounts for: Cash at Bank, Accounts Receivable, Supplies, Equipment, Accounts Payable, Captial, Revenue, Expenses.
Based on the following transactions that occurred during 2015, prepare T accounts for: Cash at Bank, Accounts Receivable, Supplies, Equipment, Accounts Payable, Captial, Revenue, Expenses. a) T Nerb invested $20,000 cash in the business. b) Purchased $1,000 of supplies on account. c) Performed $20,000 of services on account. d) Performed $5,000 of services for cash. e) Bought equipment on account, $10,000. f) Paid $4,000 on equipment purchased in transaction e. g) Paid salaries to employees for the current period, $3,000 Match the account with the closing balance. Revenue Choose... Accounts Receivable Choose... Accounts Payable Choose... Cash at Bank Choose... Capital Choose... Equipment Choose... Supplies Choose... Expenses Choose
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