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Consider the following transactions. 1. Receive cash fromcustomers, $16,000. 2. Pay cash for employee salaries, $10,000. 3.Pay cash for rent, $4,000. 4. Receive cash from

Consider the following transactions. 1. Receive cash fromcustomers, $16,000. 2. Pay cash for employee salaries, $10,000. 3.Pay cash for rent, $4,000. 4. Receive cash from sale of equipment,$9,000. Consider the following transactions. 1. Receive cash from customers, \( \$ 16,000 \). 2. Pay cash for employee salaries, \( \$ 10,000 \). 3. Pay cash for rent, \( \$ 4,000 \). 4. Receive cash from sal 1 answer

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