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Mar. 5 The owner, Jackie King, invested $10,550 cash in the business. 7 Paid $355 cash for advertising the launch of the business. 9 Purchased
Mar. 5 The owner, Jackie King, invested $10,550 cash in the business. 7 Paid $355 cash for advertising the launch of the business. 9 Purchased supplies on sccount for $1,480, 11 Purchased a uscd car for 59,190 cash, for use in the business. 13 Billed customers $2,270 for services performed. 25 Borrowed $10,260 from the bank and signed a note payable. 26 Recelved $1,335 cash from customers billed on March 13. 29 Paid for the supplies purchased on March 9. 30 Received $845 cash from a customer for services to be performed in April. 31 Paid Jackie King $1,960 cash for her personal use. For each transaction, indicate: a. the basic type of account debited and cred ited (asset, liabi lity, or ovmer's equity): b. the specific account debited and credited (Cash. Rent Expense, Service Revenue, etc.); and c. whether each account is increased (t) or decreased (i, and by what amount. Use the following format, in which the first transaction is given as an example
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