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Please fill out all boxes please Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each
Please fill out all boxes please
Zen began a new consulting firm on January 5. The accounting equation showed the following financial summary for each of the company's first five transactions. Analyze the accounting equation for each transaction and match the given transaction with its most likely description. The company billed a customer $8,000 for services provided. The company paid its supplier $8,000 for services provided. The company provided services for $8,000 cash. The company purchased supplies for $5,000 by paying $4,000 cash and putting $1,000 on credit. The company received $3,000 cash from a bank loan. The company received $42,000 cash from a customer. The company sold supplies for $5,000 and received $4,000 cash and $1,000 on credit. The owner invested $3,000 cash in the business. The owner invested $42,000 cash in the business. The owner invested $8,000 cash in the businessStep by Step Solution
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