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Required information [The following information applies to the questions displayed below.] Northwest Electric is owned and operated by Alexandra Davies. The shop's accounts are presented
Required information [The following information applies to the questions displayed below.] Northwest Electric is owned and operated by Alexandra Davies. The shop's accounts are presented below. Review the transactions presented and determine the appropriate debits and credits to the affected accounts. Cash Accounts receivable Office supplies Prepaid rent Equipment Accounts payable A. Davies, Capital A. Davies, Drawing Fees income Rent expense Utilities expense Salaries expense Paid $6,000 in cash for the next six months' rent
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