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More info a. Leanne Alstead opened a law firm by investing 12,500 cash and office furniture valued at 7,600. Organized as a corporation, the business
More info a. Leanne Alstead opened a law firm by investing 12,500 cash and office furniture valued at 7,600. Organized as a corporation, the business issued ordinary shares to Alstead. b. Paid monthly rent of 1,100. c. Purchased office supplies on account, 800. d. Paid employees' salaries of 1,800. e. Paid 400 of the accounts payable created in Transaction c. f. Performed legal services on account, 8,200. g. Declared and paid dividends of 3,600. calculate the ending balance for each account and enter the account balance in the "Bal" column on the proper side.) Office Furniture Office Supplies Salary Expense Service Revenue Share Capital Rent Expense Accounts Payable Accounts Receivable Dividends
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