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Concord Enterprises had the following selected transactions. 1. Bo Concord invested $3,440 cash in the business. 2. Purchased a 2-year insurance policy for $2,064.
Concord Enterprises had the following selected transactions. 1. Bo Concord invested $3,440 cash in the business. 2. Purchased a 2-year insurance policy for $2,064. 3. Paid office rent of $722. 4. Performed consulting services and billed a client $4,472. 5. Bo Concord withdrew $645 cash for personal use. Prepare the debit-credit analysis for each transaction.
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