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Northwest Electric is owned and operated by Alexandra Davies. The shop's accounts are presented below. Review the transactions presented and determine the appropriate debits and
Northwest Electric is owned and operated by Alexandra Davies. The shop's accounts are presented below. Review the
transactions presented and determine the appropriate debits and credits to the affected accounts.
Cash
Accounts receivable
Office supplies
Prepaid rent
Equipment
Accounts payable
A Davies, Capital
A Davies, Drawing
Fees income
Rent expense
Utilities expense
Salaries expense
Received $ that was previously owed by a customer.
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