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Take me to the text Rachel White recently started her own shoe repair business. Transactions for the first month of operations (February 2019) are
Take me to the text Rachel White recently started her own shoe repair business. Transactions for the first month of operations (February 2019) are as follows. 1) Rachel invested $12,300 cash in the business. 2) Paid two months of rent in advance, in the amount of $900. 3) Purchased store equipment worth $2,700 with cash. 4) Incurred business registration expenses, paid with $830 cash. 5) Paid travel expenses with $1,070 cash. 6) Received $2,540 cash from customers for shoe repair services performed during the month. 7) Provided shoe repair services worth $1,700 on account. 8) Paid $1,310 to an assistant. 9) Borrowed $1,850 cash from the bank. 10) Received $840 in bills for electricity, water and telephone, to be paid next month. 11) Rachel withdrew $960 cash for personal purposes. 12) Received $510 owing from a customer for service provided earlier this month. Required Record the above transactions on the T-Account worksheet. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. glish (en) FE 3C Clo
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