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I need assistance completing the following: Linda Kipp started a business on May 1, 2-. Analyze the following transactions for the first month of business

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Linda Kipp started a business on May 1, 2-. Analyze the following transactions for the first month of business using T accounts. Label each T account with the title of the account affected and then place the transaction letter and the dollar amount on the debit or credit side. (a) Invested cash in the business, $5,000. (b) Bought equipment for cash, $700. (c) Bought equipment on account, $600. (d) Paid cash on account for equipment purchased in transaction (c), $400. (e) Withdrew cash for personal use, $900. FOOT AND BALANCE T ACCOUNTS Foot and balance the T accounts

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