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Brenda Jo Smith is an architect who operates her own business. The accounts and transactions for the business follow. Transactions a. Brenda Jo Smith invested

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Brenda Jo Smith is an architect who operates her own business. The accounts and transactions for the business follow. Transactions a. Brenda Jo Smith invested $20,000 in cash to start the business. b. Paid $2,000 for advertisements in a design magazine. c. Purchased offlce furniture for $2,300 in cash. d. Performed services for $4,550 in cash. e. Paid $210 for the monthly telephone bill. t. Performed services for $1,560 on credit. 9. Purchased a fax machine for $325 : paid $75 in cash, with the balance due in 30 days. h. Paid a bill for $550 from the office cleaning service. i. Recelved $2,130 from clients on account. J. Purchased additional office chairs for $545; recelved credit terms of 30 days. k. Paid $4,000 for salaries. L. Issued a check for $225 in partiai payment of the amount owed for offce chairs. m. Received $2,300 in cash for services performed. n. Issued a check for $460 for utilities expense. a. Performed services for $2.150 on credit. p. Collected $900 from clients on account. q. Brenda Jo Smith withdrew $2,500 in cash for personal expenses. f. Paid $600 to Copy Quick for photocopy work performed during the month. Complete this question by entering your answers in the tabs below. Prepare a trial balance. Prepare an income statement. nalyze: sing the basic accounting equation, what is the financial condition of Brenda Jo Smith's business at month-end? Complete this question by entering your answers in the tabs below. Prepare a statement of owner's equity. Analyze: Jsing the basic accounting equation, what is the financial condition of Brenda Jo Smith's business at month-end? Complete this question by entering your answers in the tabs below. Prepare a balance sheet. Required: (1) Post the above transactions into the appropriate T accounts. (2) Determine the account balances. Prepare a trial balance, an income statement, a statement of owner's equity, and a b. for Brenda Jo Smith, Architect. Analyze: Using the basic accounting equation, what is the financial condition of Brenda Jo Smith's business at month-end? Complete this question by entering your answers in the tabs below. Using the basic accounting equation, what is the financial condition of Brenda Jo Smith's business at month-end

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