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[The following information applies to the questions displayed below] Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions

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[The following information applies to the questions displayed below] Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May. which included his initial investment of $19,500 cash. After those seven transactions, the ledger included the foliowing accounts with normal balances. The following seven transactions produced the account balances shown above. a. Y. Min invested $19,500 cash in the business. b. Paid $8,330 cash for monthly rent expense for May. c. Paid $5,500 cash in advance for the annual insurance premium beginning the next period. d. Purchased office supplies for $1,060 cash. e. Purchased $14,700 of office equipment on credit (with accounts payable). f. Received $37,000 cash for services provided in May. g. Y. Min withdrew $3,254 cash from the company for personal use. 2. Prepare a Cash T-account for the above transactions, and compute the ending Cash balance. Code each entry with one of the transaction codes a through g

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