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in general journal form by number. You may omit explanations of the transactions. Then: A) Post to T accounts and prepare a trial balance. B)

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in general journal form by number. You may omit explanations of the transactions. Then: A) Post to T accounts and prepare a trial balance. B) Compute the ending owner's capital. 1. The owner, Mai Li, invests $40,000 in cash in starting a real estate office operating as a sole proprietorship 2. Purchased $500 of supplies on credit. 3. Purchased equipment for $11,000, paying $5,000 in cash and signed a 30-day, $6,000, note payable. 4. I Real estate commissions billed to clients amount to $4,000. 5. Paid $800 in cash for the current month's rent. 6. Paid $200 cash on account for supplies purchased in transaction 2. Received a bill for $600 for advertising for the current month. Paid $2,500 cash for office salaries and wages. 9. Li withdrew $1,900 from the business for living expenses. 10. Received a check for $2,500 from a client in payment on account for commissions billed in transaction 4 7 8. 600) Dunkin

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