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Points: 9.52 of 10 Sav Using the information provided and the format below, analyze the effects of Ling Lawn Service's transactions on the accounting
Points: 9.52 of 10 Sav Using the information provided and the format below, analyze the effects of Ling Lawn Service's transactions on the accounting equation (Click the icon to view the transactions.) (If a box is not used in the transaction, leave the box empty; do not enter a zero. Enter decreases with a minus sign or parentheses Abbreviations used: exp expense; invest investment, rev. revenue.) Assets Owner's Equity Liabilities + Accounts Accounts Ling Cash + Receivable + Equipment = Payable + Capital Explanation Feb 1 3300 + Owner invest Clear all Final chec B SC ^ G ENG 1027 PM 2922-01-30 ng Transactions pi Feb. 1 Received $3,300 and gave capital to Marc Ling. Feb. 3 Purchased a mower on-account, $1,900. Feb. 5 Performed lawn services for client on account, $260. Feb. 17 Feb. 28 Paid $68 cash for gas used in mower. Marc Ling withdrew cash of $310. Print Done pense; - (If a box is not used in the transaction, leave the box empty; do not enter a zero. Enter decreases with a minus sign or pare Assets = Liabilities + Owner's Equity Accounts Accounts Ling. Cash + Receivable + Equipment = Payable + Capital Explanation Feb 1 3300+ Owner invest + == +
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