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The following transactions occur for the Hamilton Manufacturers. (a) Provide services to customers on account for $4,900. (b) Purchase equipment by signing a note with
The following transactions occur for the Hamilton Manufacturers. |
|
(a) Provide services to customers on account for $4,900. |
(b) Purchase equipment by signing a note with the bank for $10,600. |
(c) Pay advertising of $1,600 for the current month. |
Analyze each transaction and indicate the amount of increases and decreases in the accounting equation. |
The following transactions occur for the Hamilton Manufacturers (a) Provide services to customers on account for $4,900 b) Purchase equipment by signing a note with the bank for $10,600 (c) Pay advertising of $1,600 for the current month. nalyze each transaction and indicate the amount of increases and decreases in the accounting equation (Leave no cells blank - be certain to enter "O" wherever required. Decreases should be indicated by a minus sign. Omit the "$" sign in your response.) Liabilities + Stockholders' Equity 4,900
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