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Go to P8 The bookkeeper for The Wellness Center used T accounts to analyze three transactions as follows: Transaction 1: Abu Owusu, Drawing 450.00 Cash
Go to P8 The bookkeeper for The Wellness Center used T accounts to analyze three transactions as follows: Transaction 1: Abu Owusu, Drawing 450.00 Cash 450.00 Transaction 2: Accounts Receivable Maria Chu 450.00 Sales + 450.00 Transaction 3: Supplies Accounts Payable -Northstar Supplies 150.00 150.00 Go to Accounts Receivable Maria Chu 450.00 Sales 450.00 Transaction 3: Supplies Accounts Payable-Northstar Supplies 150.00 150.00 Review the three sets of T accounts and answer the following questions. 1. Which T account analysis is incorrect? How did you determine it was incorrect? 2. What information would you need to determine the correct T account analysis for this transaction
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