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Kevin TischerAC1805700AO1J Introduction to AccountingAO1J Assignment 4October 18, 2018Part A SolutionAssets=Liabilities+Owner’s EquityCash ($) + Office Furniture ($)=Accounts payable($)Brian's Capital($)a.10,000=10,000b.-600600=c.300=d.-200=-200=Part B
SolutionBenson CompanyTrial Balance30-Jun-16ParticularsDebit ($)Credit ($)Cash1,370Accounts Payable770Office Equipment900Benson, Capital1,500Benson, Withdrawals500Accounts receivable1600Service Fees2,730Salaries Expense6305,0005000Part CSolution
ReferencesHeintz, J. A., & Parry, R. W. (2013). College Accounting, Chapters 1-9.Cengage Learning.Weil, S. H., & Noi, S. A. (2011).
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Term
Summer
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NoProfessor
Tags
Generally Accepted Accounting Principles, invoice, Accounting software

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