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Creative Designs, a firm providing art services for advertisers, began business on June 1. The following accounts in its general ledger are needed to record
Creative Designs, a firm providing art services for advertisers, began business on June 1. The following accounts in its general ledger are needed to record the transactions for June: Cash; Accounts Receivable; Supplies; Office Equipment; Accounts Payable; Common Stock; Dividends; Service Fees Earned; Rent Expense; Utilities Expense; and Salaries Expense. a. Using the accounting equation, record each of the transactions in columnar format. Use negative signs with your answers, when appropriate. b. Us
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