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Transactions, Financial Statements On July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: a. Opened

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Transactions, Financial Statements On July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July: a. Opened a business bank account with a deposit of $26,000 from personal funds. b. Purchased office supplies on account, $2,630. c. Pald creditor on account, $1,660. d. Earned sales commissions, receiving cast, $26,810. e. Paid rent on office and equipment for the month, $5,250. Withdrew cash for personal use, $8,000. g. Pald automobile expenses (including rental charge) for the month, $2,520, and miscellaneous expenses, 51,210. h. Pald office salaries, $3,160. Determined that the cost of supplies on hand was $880; therefore, the cost of supplies used was 51,750

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