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Font Paragraph 2. Tex Holcomb began Rodeo Clowns as a corporation and completed these transactions during October of the current year Oct 1 Invested $50,000

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Font Paragraph 2. Tex Holcomb began Rodeo Clowns as a corporation and completed these transactions during October of the current year Oct 1 Invested $50,000 cash of from his personal checking account into the newly created business. Tex received common stock Oct 3 Purchased some office supplies for $500 cash. Oct 4 Rented office space for the company and paid the landlord $1,200 cash for the month. Oct 5 Purchased some office equipment for $15,000. He paid $5,000 cash on this date and agreed to pay the balance due within 12 months. Oct 9 Provided $4,000 of services to a client who paid cash to the company on this date Oct 11 Provided $2,000 of services to another client on account. The client will pay the company within 30 Oct 22 Paid monthly utility bill of $200 Oct 25 Received the $2,000 cash from the client for the services that were provided on Oct 11 Oct 30 Paid the company's office manager's salary of $1,500 with cash Oct 31 Paid a cash dividend of $1,000 on this date. Show the effects of the above the acc and total e example of how you should respond. (9 points) e transactions on the accounting equation (impact on total assets, total liabilities f Rodeo Clowns. Use the following format for your answers. The first item is shown as an Increase I Decrease D No effect N Total Total Total abilit Oct 1 ACC211CHTA-Wo

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