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Indicate the effects of the following business transactions on the accounting equation of 's Online Video store. Use the following accounts: Cash; Accounts Receivable; Office

Indicate the effects of the following business transactions on the accounting equation of 's Online Video store. Use the following accounts: Cash; Accounts Receivable; Office Supplies; Office Furniture, Accounts Payable; , Capital; , Withdrawals; Rental Revenue; and Rent Expense. Transaction (a) is answered as a guide.

a. Received cash of $10,000 from owner and gave capital.

b. Earned video rental revenue on account, $2,800.

c. Purchased office furniture on account, $300.

d. Received cash on account, $400.

e. Paid cash on account, $100.

f. Rented videos and received cash of $200.

g. Paid monthly office rent of $1,000.

h. Paid $100 cash to purchase office supplies.

Received cash of

$10,000

from owner and gave capital.

a.

Increase asset

(Cash)

;

Increase equity

(Vivian, Capital)

b. Earned video rental revenue on account,

$2,800.

b.

?

?

;

?

?

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