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q3 Martin Moon is a freelance wiiter who submits articles to various magazines and newspapers. She operates out of a small office where she employs
q3
Martin Moon is a freelance wiiter who submits articles to various magazines and newspapers. She operates out of a small office where she employs one administrative assistant. The following activities occurred during Match 2020. her first month of business a. Moon invested $2.800 worth of equipment into her business along with $1,300 cash Submitted a series of articles to The Globe and Mailand received $7800 cash c. Purchased supplies on credit $1250 d. Paid the part-time administrative assistant's salary of $1580 e Moon ordered $4,300 of office equipment from the IKEA catalogue. It is scheduled to arrive in April or May. Pald the rent for the first month: $2,700. g. Submitted an article to Report on business will receive $5,800 next month, Show the effects of the activities listed in (a) through (og). For each transaction that affects equity, select the appropriate description beside it (owner investment, owner withdrawal, revenue, rent expense, and salaries expense). (Enter all amounts as positive values. If the transaction/event does not affect equity or do not require a journal entry, select "No Affect on Equity" in the 'Explanation of equity transaction field.) Show the effects of the activities listed in (a) through (ol. For each transaction that affects equity, select the appropriate description beside it (owner investment owner withdrawal, revenue, rent expense, and salaries expense) (Enter all amounts as positive values. the transaction/event does not affect equity or do not require a journal entry, select "No Affect on Equity in the 'Explanation of equity transaction' field.) A Bu Accounts aan Moon D Total $ 0 $ 0 Step by Step Solution
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