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Transactions: Solve using the basic accounting equation. 1.Received cash form owner as additional investment, $35,000. 2. Purchased supplies for cash, $1,100. 3. Paid rent for
Transactions: Solve using the basic accounting equation.
1.Received cash form owner as additional investment, $35,000.
2. Purchased supplies for cash, $1,100.
3. Paid rent for October, $4,500.
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