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Ming Chen started a business and had the following transactions in June. 3. Owner invested $60,000 cash in the company along with $15,000 of equipment

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Ming Chen started a business and had the following transactions in June. 3. Owner invested $60,000 cash in the company along with $15,000 of equipment in exchange for its common stock. ). The company paid $2,000 cash for rent of office space for the month. . The company purchased $18,000 of additional equipment on credit (payment due within 30 days). 1. The company completed work for a client and immediately collected $1,600 cash. 2. The company completed work for a client and sent a bill for $7,300 to be received within 30 days. f. The company purchased additional equipment for $5,000 cash. 3. The company paid an assistant $2,400 cash as wages for the month. 1. The company collected $4,500 cash as a partial payment for the amount owed by the client in transaction e. i. The company paid $18,000 cash to settle the liability created in transaction c. j. The company paid $1,500 cash in dividends to the owner (sole shareholder). required: zomplete the table using additions and subtractions to show the dollar effects of the ransactions on individual items of the accounting equation. Jote: Enter decreases to account balances with a minus sign. Ming Chen started a business and had the following transactions in June. 3. Owner invested $60,000 cash in the company along with $15,000 of equipment in exchange for its common stock. ). The company paid $2,000 cash for rent of office space for the month. . The company purchased $18,000 of additional equipment on credit (payment due within 30 days). 1. The company completed work for a client and immediately collected $1,600 cash. 2. The company completed work for a client and sent a bill for $7,300 to be received within 30 days. f. The company purchased additional equipment for $5,000 cash. 3. The company paid an assistant $2,400 cash as wages for the month. 1. The company collected $4,500 cash as a partial payment for the amount owed by the client in transaction e. i. The company paid $18,000 cash to settle the liability created in transaction c. j. The company paid $1,500 cash in dividends to the owner (sole shareholder). required: zomplete the table using additions and subtractions to show the dollar effects of the ransactions on individual items of the accounting equation. Jote: Enter decreases to account balances with a minus sign

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