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Present a trial balance and valid ledger accounts for the given transactions of John's PLCi. John invested $8,000 cash in his new business. ii. The
Present a trial balance and valid ledger accounts for the given transactions of John's PLCi. John invested $8,000 cash in his new business.
ii. The business paid rent with $300 cash.
iii. Purchased equipment by paying $2,000 cash and executing a note payable for $3,000.
iv. Purchased supplies for $200 cash.
v. The business billed clients for a total of $1,000 for design services rendered.
vi. The business received $750 cash from clients for services rendered above.
vii. The owner's withdrawal of $2,000.
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