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Author Question: Katie's Wedding Planning Service completed the following transactions:a. Billed clients for service, ... (Read 173 times)

biggirl4568

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Katie's Wedding Planning Service completed the following transactions:
a. Billed clients for service, $1,250.
b. Completed work for clients who paid $500 cash.
c. Received a bill for utilities to be paid later, $120.
d. Collected cash on account from clients, $700.
e. Paid the amount due for utilities.
f. Withdrew $500 cash for personal use.
Required: Record the above transactions in the expanded accounting equation. Note that the items have beginning balances.
Katie's Wedding Planning Service
ASSETS=LIAB.OWNER'S EQUITY
Cash    +    Accts.Rec.=Accts PayableKatie, Capital+Rev.-Exp. -Katie, With.
beg.$ 800$ 85=$300$235$ 900$400$150
a.
b.
c.
d.
e.
f.
T


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Marked as best answer by biggirl4568 on Nov 10, 2019

ASDFGJLO

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply 2 on: Nov 10, 2019
YES! Correct, THANKS for helping me on my review


cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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