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Ming Chen started a business and had the following transactions in June. Owner invested $ 6 8 , 0 0 0 cash in the company

Ming Chen started a business and had the following transactions in June.
Owner invested $68,000 cash in the company along with $29,000 of equipment in exchange for its common stock.
The company paid $2,100 cash for rent of office space for the month.
The company purchased $10,000 of additional equipment on credit (payment due within 30 days).
The company completed work for a client and immediately collected $1,600 cash.
The company completed work for a client and sent a bill for $9,000 to be received within 30 days.
The company purchased additional equipment for $6,100 cash.
The company paid an assistant $3,000 cash as wages for the month.
The company collected $5,300 cash as a partial payment for the amount owed by the client in transaction e.
The company paid $10,000 cash to settle the liability created in transaction c.
The company paid $1,100 cash in dividends to the owner (sole shareholder).

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