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You buy sneakers at $100 and after painting them, you sell it for $200. Fill out accordingly to the transcations, therefore fill out each line
You buy sneakers at $100 and after painting them, you sell it for $200. Fill out accordingly to the transcations, therefore fill out each line based on the transactions of that line. Change in Assests= Change in Liabilities + Change in Equity.
// Pay Own February Hints: You purchase sneakers at $100 and after painting and bedazzling them you sell them for $20 You pay no taxes and Net Income = Change in Equity. Transactions: 1/25/2019 Prepay $300 for Rental of Shelves (store 'fixtures') 2/9/2019 Purchase 10 pairs on credit due 4/6 2/1/2019 Receive February Shelf Rental Invoice 2/12/2019 Sell 1 pair for cash 2/15/2019 Pay Owners February Salary of $30/mth 3/1/2019 Receive March Shelf Rental Invoice 3/12/2019 Sell 4 pairs on credit due 4/15 3/15/2019 Pay Owners March Salary of $30/mth 4/1/2019 Receive April Shelf Rental Invoice 4/6/2019 Pay $1000 invoice for 2/9 merchandise purchase 4/15/2019 Pay Owners April Salary of $30/mth 4/20/2019 Sell 3 pairs for cash 4/15/2019 Receive cash payment for 3/12 sale 4/25/2019 Sell 2 pairs at 20% discount for cash Totals Opening Balance Current Balance Ending Balance Account Change in Change in Change w o tal of Shelves store rechara 10 pain on ordt dus als Receive Marche Sellaisen credit dhe 4/15 Pay Owners March Salary of th wenye 11:59 AM O fie a (hp Review Acrobat Page Layout Vin TEAM in Formulas Hop Draw Data A Change Change Change 2013 Pays for hardhe p se ote a # am Step by Step Solution
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