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The following are selected transactions from Blue Bird Transport on June 1,2021 by its owner Mr. Zain. a. Zain invested $ 600,000. b. Truck was
The following are selected transactions from Blue Bird Transport on June 1,2021 by its owner Mr. Zain. a. Zain invested $ 600,000. b. Truck was Purchase by business for S 430.000. c. Equipment purchased on credit for $ 9,000. d. A bill of $ 7,200 for transporting goods to a customer (this is transportation service offered on credit) e. Cash of $ 6,000 is received from the customer who was billed in d. f. Received $ 22,300 is cash for transportation services offered for other customers. g. A payment of $ 5,000 was made on the equipment purchased in c. h. Paid expenses of different types for $ 1,700 in cash. i. Equipment of $ 1,200 was withdrawn from business for Mr. Zain personal use. Required: Arrange the Assets, Liabilities and Owner's Equity accounts in an Accounting Equation, using the following account titles: Cash, Trucks, Equipment, Account Receivables, Account Payable and Owner's Equity: Blue Bird Transport Accounting Equation S. Nol Assets Liabilities & Equities Cash Trucks Equipment AR O.E a Bal b Bal c Bal d Bal c Bal Bal Bal Bal 1 Bal Total
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