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The following transactions occurred during the month of November. a. Collected $350 from credit customers b. Issued a check for $700 for November's rent C.

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The following transactions occurred during the month of November. a. Collected $350 from credit customers b. Issued a check for $700 for November's rent C. Paid $1,900 for salaries d. The owner withdrew $500 in cash for personal expenses e. Issued a check for $200 to pay the monthly utility bill f. Received $2,845 in cash for services performed 8 Purchased office equipment for $1,350 on credit Required: Using the information shown, set up T accounts for all accounts. Determine the balance for each account after all transactions have been recorded. The following transactions occurred during the month of November. a. Collected $350 from credit customers b. Issued a check for $700 for November's rent C. Paid $1,900 for salaries d. The owner withdrew $500 in cash for personal expenses e. Issued a check for $200 to pay the monthly utility bill f. Received $2,845 in cash for services performed 8 Purchased office equipment for $1,350 on credit Required: Using the information shown, set up T accounts for all accounts. Determine the balance for each account after all transactions have been recorded

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