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Search MP (Excel templates for all questions are available in MyLab Accounting. Working papers for select questions are available in the print Workbook.) * P1-1A.
Search MP (Excel templates for all questions are available in MyLab Accounting. Working papers for select questions are available in the print Workbook.) * P1-1A. Mia Anabelle, who lives in Winnipeg, decided to open Mia's Nail Spa. Mia completed the following transactions: A. Invested $20,000 cash from her personal bank account into the business. B. Bought equipment for cash, $4,000. C. Bought additional equipment on account, $6,000. D. Paid $1,000 cash to reduce what was owed from Transaction C. Based on the above information, record these transactions in the basic accounting equation. 40 The accounting equation (15 min) Check Figure Total Assets $25,000
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