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Ming Chen started a business and had the following transactions in June a Owner invested $68,000 cash in the company along with $19,000 of equipment

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Ming Chen started a business and had the following transactions in June a Owner invested $68,000 cash in the company along with $19,000 of equipment in exchange for its common stock b. The company paid $1,900 cash for rent of office space for the month. c. The company purchased $13,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,800 cash e. The company completed work for a client and sent a bill for $7,800 to be received within 30 days. 1. The company purchased additional equipment for $6,600 cash. g. The company paid an assistant $2,000 cash as wages for the month n. The company collected $6,000 cash as a partial payment for the amount owed by the client in transaction e. 1. The company paid $13.000 cash to settle the liability created in transaction c J. The company paid $1,300 cash in dividends to the owner (sole shareholder) TRATTOBRE LO Payable Toldings 5 68,000 + + + b + + + + Balance after a and b 0 10 0 + 0 0 + 68,000+ + 0 0 c + Balance after 68.000 + . 10 10 10 0 10 + 0 P + + + 68,000 D 0 0. - 0 0 + 0 0 Balance after d e Balance after + . + 68,000 + 0 + 0 0 + - 10 0 + 0 0 1 + + Balance after 68,000 + 0. 10 0 . 0 0 D + + + + 9 Balance after 68 000 10 0 0 . 0 0 + 0 0 + + Balance after 68 000 0 + 0 0 0 - 0 + 0 0 + + + Balance after 0 0 0 0 0 + 10 0 68 000 + + 58.000 + + + Balance after $ $ 0 . 5 O $ 0 $ 0 $ 10 $ 0 $

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