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Please answer everything The following transactions occurred for Mission Cable Services during July 2019 2nd July, Thomas invested $20,000 contribution in exchange for capital. 4
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The following transactions occurred for Mission Cable Services during July 2019 2nd July, Thomas invested $20,000 contribution in exchange for capital. 4 Paid utilities expense of $800 5 Purchased equipment on account, $4,200. 10 Performed services for a client on account, $4,000. 12 Borrowed $14,000 cash, signing a note payable. 19 The owner, Thomas, withdrew $1,000 cash from the business. 21 Purchased office supplies for $1,600 and paid cash. 27 Paid the liability from 5 th July. Required a. Open T-accounts for all accounts b. Prepare the trial balance c. Prepare the income statement, statement of owners' equity, and balance sheetStep by Step Solution
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