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he following transactions occurred during the month of April 2014 at Attia Company: 1- The company started its business by SR800,000 in cash in 1
he following transactions occurred during the month of April 2014 at Attia Company:
1- The company started its business by SR800,000 in cash in 1st of April 2014. .
2- In 2nd of April bought a land for SR150,000 half in cash.
3- In 3rd provided services for SR70,000 in cash and SR40000 on account
4- In 10th paid rent in cash for April SR5000.
Analyze the transactions using the following accounting equation in the table below:
Assets = Liabilities + Owners equity (+) Revenue (-) Expenses
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