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TRANSACTIONS Paid $ 2 , 1 0 0 for utilities. Performed services for $ 1 0 , 5 0 0 on account. Received $ 6
TRANSACTIONS
Paid $ for utilities.
Performed services for $ on account.
Received $ from charge account customers.
Paid salaries of $ to employees.
Paid $ to a creditor on account.
Owner invested $ in the business.
Purchased $ of supplies on account.
Purchased equipment for $ cash.
Paid $ for rent in advance
Performed services for $ cash.
Indicate the impact of each of the transactions on the fundamental accounting equation Assets Liabilities Owner's Equity by placing a "I" to indicate an increase and a to indicate a decrease. The first transaction is entered as an example.
Note: If transaction causes one account to increase and another to decrease within the same classificatich of the accounting equation, select I and D
tableTransactionAssets,Liabilities,Owner's EquityDDI and D
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