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Rory Alia has started her own business. During the first month, the following transactions occurred. (a) She invested $10,000 cash in the business. (b) Purchased
Rory Alia has started her own business. During the first month, the following transactions occurred. (a) She invested $10,000 cash in the business. (b) Purchased a computer on account for $800. (c) Paid $800 for insurance for the next 12 months (d) Received $500 cash from a client for professional services. (e) Paid $200 office rent for the month. (1) Paid $300 on account for the computer purchased in (c) above. Instructions Enter the dollar amounts for each transaction on the line corresponding to the letter label of the transaction. Enter a positive number if the accounting equation element is increasing, and a negative number if the accounting equation element is decreasing
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