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Larry Power started a new business in the name of Power Electical on October 1, 2023. During October, a number of activities occurred and the

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Larry Power started a new business in the name of Power Electical on October 1, 2023. During October, a number of activities occurred and the following totals resulted at October 31, 2023 (shown in accountinn an...sia. During November, the following occurred: Nov. I Rented office space and Waid cash for the month's rent of 18,700 . 3 Purchased electrical wquipent for 533,000 from an electrician tho was going out of business, by using 517,500 in personal funds and agreeing to pay the balance in 10 days. 5. Porchased office supplies by paying $3,300 cash. 8 Purchased $6,700 of office and immediately collected $3,500 for doine the work. 15 coepleted electrical office equipent on credit. 16 interviewed and hired ark on credit in the aeount of 57,500 . in three weeks. 1n Purchased 52,500 of office supplies on credit. 20 Paid for the office equipent purchased on Noveaber 8. 24 eilled elient $5,550 for electrical work, the balance is due in 30 days. 28 heceived 37,500 for the work coepleted on Noveaber 15. 30 P Paid the office assistant's salary of 15 , 900 . 30 Paid the monthily utilisty bills of 15,100 , 30 Poner withdres 32,900 from the business for personal use. Required: Complete the following table. Use additions and subtractions to show the effects of each November activity on the items in the. equation. For each change in equity, select whether the change was caused by an investment, a revenue, an expense, or a withdrawal. Determine the final total for each item and verify that the equation is in balance. (Enter all amounts as positive values. If the trensaction/event does not affect equity or does not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transoction' field.) Complete the following table. Use additions and subtractons to show the effects of each November activity on the items in the equation. For each change in equity, select whether the change was caused by an investment, a revenue, an expense, or a withdrawal Determine the finat total for each item and verity that the equation is in balance. (Enter all amounts as positive values. If the transaction/event does not affect equity or does not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity trensaction' field.)

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