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Take me to the text Alan Marshall is preparing his balance sheet and income statement for the month ended January 31, 2019. Use the
Take me to the text Alan Marshall is preparing his balance sheet and income statement for the month ended January 31, 2019. Use the following information to help him prepare his financial statements. Opening Balances January 1, 2019 Cash $10,600 Contents of Home $2,100 Automobile $17,400 House $320,500 Unpaid Accounts $8,900 Auto Loan $141,100 $200,600 Net Worth The following transactions occurred during the month of January. 1. Deposited $6,300 salaries earned during the month. 2. Purchased a new home computer worth $1,400 using a credit card 3. Paid credit card bill with $2,700 cash. 4. Paid utility bills of $600 for the month of January using a credit card. 5. Purchased groceries and food for $3,900 using cash. 6. Made a principal payment of $1,500 on the automobile loan. 7 Paid January's rent of $1,500 with cash. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a deficit.
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