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Exercise 3 Creates a table in MS Excel with each of the following accounts and indicates their effect on the expanded accounting equation for
Exercise 3 Creates a table in MS Excel with each of the following accounts and indicates their effect on the expanded accounting equation for Marion Accounting, by owner Marion Torres . . . . . To open the business, he deposited $55,000 of his personal funds as an investment. He purchased office supplies for $1,000. He received $2,000 in cash from a service. He paid for utilities expenses for $400.00. He paid $300 for advertising expense. He received service income of $4,000 in cash. He provided a service to a customer for $3,000 on credit. He paid salaries of $1,800 to an employee. He made a withdrawal of $200.00 for his personal use.
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