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Calculator Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction new balance for each
Calculator Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction new balance for each component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction only the balance after the transaction.) If an amount box does not require an entry, leave it blank. Transaction Beginning 1. Investment in the business 2. Borrow cash 3. Purchase equipment Assets Liabilities Stockholders' Equity $0 SO s0 $16.910 V $7,620 X $8,900 X $298.200 X $210,900 X S14,400X $16,910 x $7,620V $8,500 x $298,200 X $210,900 x $14,400 X $16 910V $7 620 X 58,900 X $298.200 X $210,900 X $14,400 X 5. Expenses incurred 6. Dividends Points3/18 Feedback Check My Work tor uery transaction, In other words, the balance on the left side of the equation must match the balance and there would Calculator Consider the following transactions for Thomas Company and their effect on the accounting equation. Click on each transaction for transaction new balance for each component of the accounting equation resulting from the transaction. (You will not need to enter the amount of each transaction only the balance after the transaction.) If an amount box does not require an entry, leave it blank. Transaction Beginning 1. Investment in the business 2. Borrow cash 3. Purchase equipment Assets Liabilities Stockholders' Equity $0 SO s0 $16.910 V $7,620 X $8,900 X $298.200 X $210,900 X S14,400X $16,910 x $7,620V $8,500 x $298,200 X $210,900 x $14,400 X $16 910V $7 620 X 58,900 X $298.200 X $210,900 X $14,400 X 5. Expenses incurred 6. Dividends Points3/18 Feedback Check My Work tor uery transaction, In other words, the balance on the left side of the equation must match the balance and there would
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