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Q2: Stacey Crowe is starting a new photography service business, FotoPhinish. Using the table below, record the dollar impact of transactions a. through i. on

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Q2: Stacey Crowe is starting a new photography service business, FotoPhinish. Using the table below, record the dollar impact of transactions a. through i. on Stacey's Asset, Liabilities, and Equity accounts. a. Stacey invested $14,000 cash into her business. b. Foto Phinish paid $2,500 to cover rent for the current month. c. FotoPhinish purchased supplies on credit; $800. d. Foto Phinish completed work for a client on account; $3,400. e. FotoPhinish purchased new equipment by paying cash of $1,950. f. FotoPhinish hired a technician who will begin work next month, at monthly salary of $5,000. g. FotoPhinish paid for the supplies in c. h. FotoPhinish performed work for a client and received cash of $3,400. i. FotoPhinish paid the administrative assistant's salary of $2,700. Transactio Accounts Cash + Receivable Assets + Parts Supplies Liabilities Equity - Accounts + Stacey Crowe, Payable Capital n + Equipment b. Q1: Categorize the following accounts into the table below. Note that certain accounts may appear in multiple columns. Building Insurance Expense Investment by Owner Accounts Receivable Accounts Payable Equipment Fuel Expense Interest Income Interest Payable Maintenance Expense Merchandise Inventory Owner's Equity, End, Balance Prepaid Expenses Rent Revenue Salaries Expense Unearned Revenue Utilities Expense Withdrawals Advertising Expense Furniture Interest Receivable Notes Payable Prepaid Rent Salaries Payable Vehicle Other Expenses Profit Loss Service Revenue Vehicle Expenses Cash Interest Expense Land Owner's Equity, Beg. Balance Rent Expense Telephone Expense Wages Expense Balance Sheet Liabilities Income Statement Expenses Statement of Changes in Owner's Equity Assets Owner's Equity Revenues

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