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hapter 1 Test A company had the following transactions. 1 3 a . The company completed a job for a customer and sent a bill

hapter 1 Test
A company had the following transactions.
13
a. The company completed a job for a customer and sent a bill for $4,900 to be received within 45 days.
b. The company completed advisory work for a customer and immediately received $6,400 cash.
c. The company paid a contractor $1,850 cash for work performed this period.
d. The company paid $880 cash for this period's utilities.
e. The company collected $2,450 cash as a partial payment for the amount owed by the customer in transaction a.
00:37:55
Enter the impact of each transaction on individual items of the accounting equation.
Note: Enter decreases to account balances with a minus sign.
\table[[Transaction,Assets,,\table[[\table[[Liabilities,],[\table[[Accounts],[Payable]],+]]]],,Equity],[Cash,+,\table[[Accounts],[Receivable]],,,Revenues -,,Expenses],[a.,,+,,=,,+,-,-,],[b.,,+,,=,,+,-,-,],[Balance,0,+,0,=,0+,+,0-,-,0],[c.,,+,,=,,+,,-,],[Balance,0,+,0,=,0+,+,0-,-,0],[d.,,+,,=,+,+,(-,-,],[Balance,0,+,0,=,0,+,{0-,-,0],[e.,,+,,=,+,+,,-,],[Balance,0,+,0,=,0,+,0-,-,0]]
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