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please answer all three i will leave a review that is good Groro Company bills a client $69,000 for services provided and agrees to accept
please answer all three i will leave a review that is good
Groro Company bills a client $69,000 for services provided and agrees to accept the following three items in fult payment (1) $20,000 cash, (2) \$81,000 of equipment, and (3) \$32,000 note poyoble owed on the equipment. (a) Analyze the transaction using the accounting equation. (b) Record the transaction in journol entry form. (c) Post the entry using T-accounts to fepresent ledger accounts. Complete this question by entering your answers in the tabs below. Analyze the transaction using the accounting equation. Grono Company bilis a client $69,000 for services provided and agrees to occept the following three items in full payment (0)$20,000 cash, (2) $81,000 of equipment, ond (3) $32,000 note poyable owed on the equipment (a) Analyze the transaction using the accounting equation. (b) Record the transaction in joutnal entry form. (c) Post the entry using T-accourts to tepresent ledger accounts. Complete this quention by entering your answers in the tabs below. Record the transsction in Journal entry form. Groro Company bills a client $69,000 for services provided and agrees to accept the following three items in full payment: (1) $20,000 cash, (2) $81,000 of equipment, and (3) $32,000 note payable owed on the equipment. (a) Analyze the transaction using the accounting equation. (b) Record the transaction in journal entry form. (c) Post the entry using T-accounts to represent ledger accounts. Complete this question by entering your answers in the tabs below. Post the entry using T-accounts to represent ledger accounts Step by Step Solution
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