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Need help with 5-10 Text is clear. complete analysis of transactions 5-10 On January 1 Picture Perfect was established. These transactions were completed during the

Need help with 5-10
image text in transcribed
image text in transcribed
Text is clear. complete analysis of transactions 5-10
On January 1 Picture Perfect was established. These transactions were completed during the month. 1. Stockholders invested cash in the company in exchange for common stock. 2. Paid cash for April office rent. 3. Purchased office equipment for cash. 4. Purchased of advertising in the Chicago Iribime, on account. 5. Paid cash for office supplies. 6. Eamed for services provided: Cash of is received from customers, and the balance of is billed to customers on account. 7. Paid cash dividends. 8. Paid Chicago Tribime amount due in transaction (4). 9. Paid employees' salaries 10. Received in cash from customers who have previously been billed in transaction (6)

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