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Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August
Financial Statements Jose Loder established Bronco Consulting on August 1, 20Y1. The effect of each transaction and the balances after each transaction for August follow: = Liabilities + Stockholders' Equity Assets Cash + Accounts Receivable + Supplies = Accounts Payable + Common Stock - Dividends + Fees Earned - Salaries Expense - Rent Auto Expense Expense - Supplies Expense Misc. Expense a. +29,700 +29,700 b. +2,580 +2,580 Bal. 29,700 2,580 2,580 29,700 C. +29,110 +29,110 Bal. 58,810 2,580 2,580 29,700 29,110 d. -8,000 -8,000 Bal. 50,810 2,580 2,580 29,700 29,110 -8,000 e. -1,250 -1,250 Bal. 49,560 2,580 1,330 29,700 29,110 -8,000 f. +20,500 +20,500 Bal. 49,560 20,500 2,580 1,330 29,700 49,610 -8,000 g. -5,640 -3,860 -1,780 Bal. 43,920 20,500 2,580 1,330 29,700 49,610 -8,000 -3,860 -1,780 h. -11,900 -11,900 Bal. 32,020 20,500 2,580 1,330 29,700 49,610 -11,900 -8,000 -3,860 -1,780 i. -1,500 -1,500 Bal. 32,020 20,500 1,080 1,330 29,700 49,610 -11,900 -8,000 -3,860 -1,500 -1,780 j. -7,400 -7,400 Bal. 24,620 20,500 1,080 1,330 29,700 -7,400 49,610 -11,900 -8,000 -3,860 -1,500 -1,780
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