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Tyler Service Co. experienced the following transactions for 2014, its first year of operations: Provided $86,000 of services on account. Collected $72,000 cash from accounts
Tyler Service Co. experienced the following transactions for 2014, its first year of operations: Provided $86,000 of services on account. Collected $72,000 cash from accounts receivable. Paid $39,000 of salaries expense for the year. Tyler adjusted the accounts using the following information from an accounts receivable ageing schedule: Required a. Organize the information in accounts under an accounting equation
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