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The following seven transactions produced the account balances shown above. a. Min invested $24,500 cash in the business. b. Paid $9,940 cash for monthly rent

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The following seven transactions produced the account balances shown above. a. Min invested $24,500 cash in the business. b. Paid $9,940 cash for monthly rent expense for May. c. Paid $4,700 cash for this year's insurance premium beginning immediately d. Purchased office supplies for $950 cash. e. Purchased $12,000 of office equipment on credit (with accounts payable). f. Received $41,000 cash for engineering services provided in May. g. Min withdrew $4,409 cash for personal use. 2. Prepare a Cash T-account for the above transaction, and compute the ending Cash balance (code each entry with one of the transaction codes a through g). onal use. endir Beg Ba Answer is not complete. Cash OL 24,500 9.940 4.700 950 950 End Bal

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