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Bob recently started a new corporation called Bob's Consulting, and had the following transactions during its first month of business of August 2020. A. Bob

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Bob recently started a new corporation called Bob's Consulting, and had the following transactions during its first month of business of August 2020. A. Bob invested his own funds into the business from his personal bank account by purchasing $900 worth of common shares B. Purchased computer for $700, and paid cash C. Took out a bank loan of $200 D. Paid $300 to an assistant E. Performed $2,000 worth of consulting work and received $1,200 cash. The remaining amount will be collected at a later date F. Purchased $120 for adverting on account G. Bob transferred a second computer worth $400 to the business H. Collected half of the accounts receivable as described in E I. Paid $100 towards the amount owing as described in "F" J. Paid off $50 of the bank loan K. Bob's Consulting paid a $200 dividend to Bob Required a. In the file provided "Assignment 3 General Ledger", record each of the transactions. b. Prepare an Income Statement, Statement of Retained Earnings and Balance Sheet

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