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Check my work Exercise 1-13 (Algo) Identifying effects of transactions on the accounting equation LO P1 The following table shows the effects of transactions
Check my work Exercise 1-13 (Algo) Identifying effects of transactions on the accounting equation LO P1 The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description. Assets Liabilities Equity Book Cash Accounta Receivable $ 29,000+ $0 Supplies $4,000 + Land ferences 1. 4,900 + $28,500 4,900 Accounts Payable + 50 + Mulan, Capital 561,500+ + Revenuea 50 2. + 1,190 1,190 2,850 2,850 1,190 1,190 2,850 2,850 $25,760 50 + $ 5,190 + $ 33,400 $ 0 $ 61,500 $2,850 Mc Graw Transaction 1. 2. 3. Description < Prev 2 of 5 Next >
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