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The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the cumulative amount of a ) Net
The financial statements report the cumulative impact of all transactions recorded as of the financial statement date. Input the cumulative amount of a Net Income Loss b Total Assets, c Total Liabilities, and d Total Equity that would be reported on the financial statements immediately after each transaction is recorded. Hint: You can check your work by selecting the date on the trial balance tab. The first two transactions are completed for you!
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tableTransaction:Net Income,Total Assets,tableTotalLiabilitiesTotal EquityWhere can you go to find each of your answers?,tableIncomestatementBalance sheet,Balance sheet,Balance sheettableApril Tanner invested $ cash along with officeequipment valued at $ in the companyin exchange for common stock.$$$$tableApril The company prepaid $ cash for months rent for office space. The company's policy isrecord prepaid expenses in balance sheet accounts.tableApril The company made credit purchases for$ in office equipment and $ in officesupplies Payment is due within days.April tableApril The company completed services for a clientand immediately received $ cash.April tableApril The company completed a $ project for aclient who must pay within days.April The company paid $ cash to settle thetableApril The company paid $ cash to settle theaccount payable created on April April The company paid $ cash for thepreytableApril The company paid $ cash for thepremium on a month prepaid insurance policy. Thecompanys policy is to record prepaid expenses inbalance sheet accounts.April The company received $ cash as partialpayment for the work compledtableApril The company received $ cash as partialpayment for the work completed on April April The company completed work for anotherclient for $ on credittableApril The company completed work for anotherclient for $ on credit.April The company paid $ cash in dividends.
tableApril The company purchased $ of additionaloffice supplies on credit.tableApriliptilitu hilline company paid $ cash for this month'stableApril The company paid $ cash for this month'sitililu hill
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