a In February, a customer orders 200 coffee mugs at $5 each and pays Mugs R Us Company $1,000 at the time of the order Mugs R US ships the mugs to the customer in March, at which time the customer owns the mugs Mugs R Us had purchased the mugs the previous year for $400 Show the effect on Mugs R Us's accounting equation, including account titles Assets Liabilities Owners' Equity February March b In February, a customer orders 200 coffee mugs at $5 each Mugs R Us ships the mugs to the customer in March, at which time the customer owns the mugs Mugs R Us had purchased the mugs the previous year for $400 The customer pays the $1,000 owed for the mugs in April Show the effect on Mugs R Usis accounting equation, including account titles Assets Liabilities Owners' Equity February March April

Question

a  In February, a customer orders 200 coffee mugs at $5 each and pays Mugs R Us Company $1,000 at the time of the order  Mugs R US ships the mugs to the customer in March, at which time the customer owns the mugs  Mugs R Us had purchased the mugs the previous year for $400  Show the effect on Mugs R  Us's accounting equation, including account titles  Assets Liabilities Owners' Equity February March b  In February, a customer orders 200 coffee mugs at $5 each  Mugs R Us ships the mugs to the customer in March, at which time the customer owns the mugs  Mugs R Us had purchased the mugs the previous year for $400  The customer pays the $1,000 owed for the mugs in April  Show the effect on Mugs R  Usis accounting equation, including account titles  Assets Liabilities Owners' Equity February March April

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a. In February, a customer orders 200 coffee mugs at $5 each and pays Mugs-R-Us Company $1,000 at the time of the order. Mugs-R-US ships

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