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Given the following partial chart of accounts for Earl Millers law office, complete a transaction analysis box for Earls transaction below: Cash 111 Accounts Receivable
Given the following partial chart of accounts for Earl Millers law office, complete a transaction analysis box for Earls transaction below: Cash 111 Accounts Receivable 112 Accounts Payable 211 Legal Fees 411 Legal Expenses 511 Transaction: Earl completed legal work for $10,000. The client paid Earl $2,000 in cash and promised to pay the balance next month.
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