Question
e Chapter #3 Homework [25 points] i Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins
e Chapter #3 Homework [25 points] i Bobby Collins decided to start a dental practice. The first five transactions for the business follow. 1. Collins invested $78,000 cash in the business. 2. Paid $18,000 in cash for equipment. 3. Performed services for cash amounting to $7,800. 4. Paid $2,600 in cash for advertising expense. 5. Paid $1,800 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (2&3) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Select which two accounts are affected in each of the above transactions. Transactions T
ransaction 1 Cash Transaction 2 Saved Debit Credit
(2\&3) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Select which two accounts are affected in each of the above transactions. (2\&3) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below. Select which two accounts are affected in each of the above transactionsStep by Step Solution
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