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For each transaction below, indicate the effect on the accounting equation by placing a +,, or NC (no change) and the amount under each category.
For each transaction below, indicate the effect on the accounting equation by placing a +,, or NC (no change) and the amount under each category. Be sure to fill in each box for each transaction. - Example: 5/1 - Owner invested $10,000 to start the business. - 5/2 - Billed Customer Z $2,800 for services provided. - 5/5 - Received $600 from Customer Y for services provided. - 5/8 - Purchased $10,000 of equipment from Company A. Paid $2,000 and put the remaining balance on credit. - 5/18 - Received the balance due from Customer Z for 5/2 transaction. - 5/20 - Paid the balance due to Company A for 5/8 transaction. - 5/31 - Paid $5,000 for May salaries. 2. Refer to Problem \#1 - Journalize the transactions for Mav
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