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Lily Enterprises had the following selected transactions. 1. Bo Lily invested $4,400 cash in the business. 2. Paid office rent of $805. 3. Performed

Lily Enterprises had the following selected transactions. 1. Bo Lily invested $4,400 cash in the business. 2. Paid office rent of $805. 3. Performed consulting services and billed a client $5,360. 4. Bo Lily withdrew $770 cash for personal use.

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