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Current Attempt in Progress An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown
Current Attempt in Progress An analysis of the transactions made by Cookie Mountain Legal, a law firm, for the month of July is shown below. Each increase and decrease in stockholders' equity is explained. Assets Liab Stockholders' Equity Retained Earnings Cash + Accounts Receivable Accounts +Supplies Equipment Payable Com Stock + Rev. Exp 1. +$15,000 +$15,000 2. -2,000 +$5,000 +$3,000 3. -750 +$750 4. +2,500 +$6,600 5. -1,500 +$9,100 -1.500 6. -2,500 7. -750 8. +550 -550 9. 4,500 10. -$750 $4,500 +500 -500
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