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The following Taccounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. The entries for the first transaction
The following Taccounts show transactions that were recorded by Residential Relocators, a firm that specializes in local housing rentals. The entries for the first transaction are labeled with the letter (a), the entries for the second transaction with the letter (b), and so on. Cash Equipment (a) 177,000 (b) 33,000 (c) 67,808 (d) 17,000 (e) (9) 1,700 (h) 9,700 (1) 3,700 Accounts Receivable Accounts Payable 10,600 (9) (e) 67,000 570 1,700 Supplies 33,000 Wade Wilson, Capital (a) (b) 177,000 Fees Income Telephone Expense 570 (d) (7) (e) 17,000 10,600 Salaries Expense Wade Wilson, Drawing 3,700 (h) 9,700 Determine the balance of each account Determine the balance of each account. Balance Cash Accounts Receivable S Supplies Equipment Accounts Payable Wade Wilson, Capital Wade Wilson, Drawing Fees Income Telephone Expense Salaries Expense
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