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Paramount Pet Grooming began operations on March 1, 2010. Post the following transactions to the appropriate T-accounts provided, compute ending balances for each of these

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Paramount Pet Grooming began operations on March 1, 2010. Post the following transactions to the appropriate T-accounts provided, compute ending balances for each of these T-accounts, and prepare a trial balance dated March 31,2010 , in good form. a. Issued (sold) 1,000 shares of common stock for $20,000. b. Located a building suitable for the business, paying the first month's rent of $2,000. c. Purchased grooming equipment on account costing $6,000. d. Purchased grooming supplies for $500cash. e. Services of $5,000 were rendered for cash during the month. f. Paid $1,500 salaries to emplovees and $500 for utilities for the month

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