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Take me to the text Skyler Walter recently started her own shoe repair business. Transactions for the first month of operations (August 2016) are as
Take me to the text Skyler Walter recently started her own shoe repair business. Transactions for the first month of operations (August 2016) are as follows. 1) Skyler invested $19,700 cash in the business. 2) Paid two months of rent for $1,100 in advance. 3) Purchased store equipment worth $3,800 with cash. 4) Incurred business registration expenses, paid with $780 cash. 5) Paid travel expenses with $1,150 cash. 6) Received $2,440 cash from customers for shoe repair services performed during the month. 7) Provided shoe repair services worth $1,230 on account. 8) Paid $1,400 to an assistant. 9) Borrowed $1,040 cash from the bank. 10) Received $760 in bills for utilities to be paid next month. 11) Skyler withdrew $970 cash for personal purposes. 12) Received $490 payment from a customer owing 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. The T-Account fields are labeled by transaction number. Record each transaction by entering the value into the corresponding T-Account
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