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pls can you solve this exercixe 40 A > PIU Learning Objective 4 P1-40A Using the accounting equation for transaction analysis Meg McKinney opened a
pls can you solve this exercixe 40 A > PIU Learning Objective 4 P1-40A Using the accounting equation for transaction analysis Meg McKinney opened a public relations firm called Solid Gold on August 1, 2018. The following amounts summarize her business on August 31, 2018: Cash 513,600 EQUITY LIABILITIES + ASSETS Cash + Accounts + Office + Land Receivable Supplies Bal. $1,900 + $3,200 + $0 +$15,000 Accounts + Mckinney, - McKinney, + Service - Rent - Advertising Payable Capital withdrawals Revenue Expense Expense $5,000 + $11,900 + $3,200 During September 2018, the business completed the following transactions a. Meg McKinney contributed $17,000 cash in exchange for capital. b. Performed service for a client and received cash of $800. c. Paid off the beginning balance of accounts payable. d. Purchased office supplies from OfficeMax on account, $1,200. e. Collected cash from a customer on account, $2,000. f. McKinney withdrew $1,600. & Consulted for a new band and billed the client for services rendered, 54,500. h. Recorded the following business expenses for the month: Paid office rent: $1,000. Paid advertising: $500. Analyze the effects of the transactions on the accounting equation of Solid Gold using the format presented in Exhibit 1-5. Learning Objective 4 ontvoie
pls can you solve this exercixe 40 A
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