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Transaction Assets = Liabilities + Stockholders Equity (a) $21,000 $0 $21,000 (b) $11,000 $11,000 $0 (c) $0 The following transactions occur for the Wolfpack Shoe
Transaction Assets = Liabilities + Stockholders Equity (a) $21,000 $0 $21,000 (b) $11,000 $11,000 $0 (c) $0 The following transactions occur for the Wolfpack Shoe Company during the month of June: Provide services to customers for $21,000 and receive cash. Purchase office supplies on account for $11,000. Pay $5,200 in salaries to employees for work performed during the month
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