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July 1 The owner, Manny Gill, invested $5, 100 cash.10 Purchased $2,600 worth of security equipment on credit.12 Performed security services for a sold-out concert
July 1 The owner, Manny Gill, invested $5, 100 cash.10 Purchased $2,600 worth of security equipment on credit.12 Performed security services for a sold-out concert and received $11,000 cash from the client.14 Paid for expenses; $3,600.15 Completed security services for a graduation event and sent the client a bill for$1,550.31 The owner withdrew $260 cash for personal use.
Week-5) i End.bal. End.bal. 301: Manny Gill, Capital Saved 5,100 July 01 July 31 5,100 End.bal. 401: Revenue + 11,000 July 12 1,550 July 15 July 14 12,550 Help Save & Exit Submit Check my work 302: Manny Gill, Withdrawals 260 260 501: Expenses 3,600 End.bal. 3,600
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Answer Based on the transaction details provided the accounting entries would be as follows 1 July 1 ...Get Instant Access to Expert-Tailored Solutions
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