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Exercise 3.2 (Aigo) using I accounts to analyze transactions. LU 3-2 Derrick Wells decided to start a dental practice. The first five transactions for the

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Exercise 3.2 (Aigo) using I accounts to analyze transactions. LU 3-2 Derrick Wells decided to start a dental practice. The first five transactions for the business 1. Derrick invested $76,000 cash in the business. 2. Paid $16,000 in cash for equipment. 3. Performed services for cash amounting to $7,600. 4. Paid $2.400 in cash for advertising expense. 5. Paid $1,600 in cash for supplies. (1) Select which two accounts are affected in each of the above transactions. (283) Post the above transactions into the appropriate T accounts. Complete this question by entering your answers in the tabs below

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