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Using the information provided, analyze the effects of Lawlor Lawn Service's transactions on the accounting equation.
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Analyze the events chronologically, one transaction at a time beginning with the May transaction. For each transaction that follows the May st transaction, calculate the balance in each account after analyzing its effect on the accounting equation. Complete only the necessary answer boxes for your transaction lines. Do not enter any zeros for your transaction lines. Carry down all
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tableMay Received $ and gave capital to Eric Lawlor.May Purchased a mower on account, $May Performed lawn services for client on account, $May Paid $ cash for gas used in mower.May Eric Lawlor withdrew cash of $
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