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onsider the following transactions: I. Received a $50 utility bill that will be paid early next month II. Provided $600 of services on account III.
onsider the following transactions:
I. Received a $50 utility bill that will be paid early next month
II. Provided $600 of services on account
III. Collected $820 cash in advance of providing services to customers
IV. Received $200 cash from a customer as payment on account
V. Borrowed $5,000 cash on a note payable
VI. Paid $90 of salary expense
Total assets as a result of these transactions would be:
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