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Dec. 1 Received $ 2 1 , 0 0 0 cash from Du in exchange for common stock. 2 Received $ 3 , 5 0

Dec. 1 Received $21,000 cash from Du in exchange for common stock.
2 Received $3,500 cash from customers for services performed.
5 Paid $200 cash for supplies.
9 Performed services for a customer and billed the customer for services rendered, $2,000.
10 Received $300 invoice for utilities due in two weeks.
15 Paid for advertising on social media, $325.
20 Paid utility invoice received on December 10.
25 Collected cash in full from customer billed on December 9.
28 Paid rent for the month, $4,000.
28 Paid $1,250 to assistant for wages.
30 Received $1,800 cash from customers for services performed.
31 Cash dividends of $5,000 were paid to stockholders.
Analyze the effects of the transactions on the accounting equation of Quick Media Services using a format similar to Exhibit F:1-6. Use the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Common Stock, Dividends, Service Revenue, Rent Expense, Utilities Expense, Wages Expense, and Advertising Expense.

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