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Do It! Review 1-04 Transactions made by A. Kevin and Co, a law firm, for the month of March are shown below. 1. The company
Do It! Review 1-04 Transactions made by A. Kevin and Co, a law firm, for the month of March are shown below. 1. The company performed $67,000 of services for customers, on credit. 2. The company received $67,000 in cash from customers who had been bilied for services (in transaction 1) 3. The company received a bill for $4,300 of advertising but will not pay it until a later date. 4. A. Kevin withdrew $4,400 cash from the business for personal use Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation.(f a transaction results in a decrease in Assets, Liabilities or Owner's Equity, place a negative sign for parentheses) in front of the amount entered for the particular Assot, Liability or Equity item that was reduced. See Ilustration 1-8 for example.) Owner's Equity +Owner's Capital Cash + Payable wner's Expenses (4) $ Question Attempts: o of i used SAVE FOR LATER SUBAET ANSWER eon 4.24.9.3
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