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The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its
The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description Assets Llabilities Equity Accounts Receivable cash $ 22,000 4,00 + Supplies + $3,800 Land + $ 27,500 4,700 Accounts Payable $ Common Stock + Revenues + $ 58,308 + $8 1,170 + 1,170 2,750 1,170 - 1,170 2.75e 12,30 $4,970 $ 32,200 5 3 + $58,300 $2,750 Transaction Description The company collected $2.750 cash from an account receivable Show All Items
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