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Record the following transactions for Fran's Tailorin_ _Arvice in the expanded accounting equation below. Then, compute the balance for each account. Accounts Tailoring Office Tailoring

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Record the following transactions for Fran's Tailorin_ _Arvice in the expanded accounting equation below. Then, compute the balance for each account. Accounts Tailoring Office Tailoring Accounts Owner's Cash Receivable Supplies Equip. Equip Payable_Equity a. b. C. Totals Transactions: a. Invested $12,000 cash and $6,000 worth of tailoring equipment in the business. b. Purchased office equipment on account, $2,000. c. Purchased tailoring supplies for cash, $200. d. Performed tailoring services for clients on credit, $850. e. Purchased tailoring equipment on credit, $2,560. f. Paid rent for September, $600. g. Performed tailoring services for clients and received cash, $650. ANS

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