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In January. Tango, Inc., a branding constant, had the following transactions. Received $16, 600 cash for consulting services rendered in January. Issued common stock to
In January. Tango, Inc., a branding constant, had the following transactions. Received $16, 600 cash for consulting services rendered in January. Issued common stock to investors for $15,000 cash. Purchased $16.100 of equipment paying 25 percent in cash and owing the rest on a note due in 2 years. Received $12, 500 cash for consulting services to be performed in February. Bought $1, 550 of supplies on account. Received utility bill for January for $1, 960. due February 15. Consulted for customers in January for fees totaling $19, 600. due in February. Received $14, 300 cash for consulting services rendered In December. Paid $775 toward supplies purchased in (e). Enter the beginning account Balances and post the effects to the appropriate T-accounts and determine ending account balances
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