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Question Jenma Shore worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting
Question Jenma Shore worked as an accountant at a local accounting firm for five years after graduating from college. She recently opened her own accounting practice which she operates as a corporation The name of the new Shore and Associates, Inc. Jemma experienced the following events during the first month of operations. Some of the events were personal and did not affect the accounting practice Ohers were business Transactions and should be accounted for by the business Click the loon to view the events) Read the requirements Requirement 1. Enter each transaction in the expanded accounting equation of Shore and Associates, Inc. as needed, calculating new balances other each transaction a box is not used in the transaction leave the box empty do not enter a zero. If an event does not affect the accounts of the business, leave the entire transaction line blank Carry down a balances, including zero balance accounts Enter decreases with a mission or parentheses. Note the following abbreviations used in the accounting equation tables AR - Accounts receivable, AP Accounts payable, and CS - Common stock) Sep 3: Received $100.000 cash proceeds from refinancing her house Assets - Liabilities Stockholders'equilty Cash AR - Supplies - Furniture AP CS Retained carings Revenue Dividendes Bal
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