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Q2: Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation: 1. Purchased computer for $20,000 on account. 2.

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Q2: Prepare a tabular analysis which shows the effects of these transactions on the expanded accounting equation: 1. Purchased computer for $20,000 on account. 2. Paid $3,000 cash for May rent. 3. Received R$14,000 cash from customers for service. 4. Performed computer services for $2,400 cash. 5. Paid Central States Power Co. R$11,000 cash for energy expense in May

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