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Author Question: Frances Chang Company completes the following transactionsa.Ms. Chang invests $3,500 cash in her ... (Read 59 times)

2125004343

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Frances Chang Company completes the following transactions
a.Ms. Chang invests $3,500 cash in her company.
b.The company purchases equipment on account, $800.
c.The company purchases additional equipment for cash, $300.
d.The company makes a payment on account for the equipment, $500.
Required: Record the above transactions in the basic accounting equation.

Frances Chang Company




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Marked as best answer by 2125004343 on Nov 10, 2019

johnpizzaz

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2125004343

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Reply 2 on: Nov 10, 2019
Great answer, keep it coming :)


LVPMS

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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