chapter 2 - Part 1 Mar. 1

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Unformatted text preview: Part 1 Mar. 1 Cash............................................................101 150,000 Office Equipment.......................................163 22,000 D. Brooks, Capital..............................301 172,000 Owner invested cash and equipment. 2 Prepaid Rent...............................................131 6,000 Cash....................................................101 6,000 Prepaid six months rent. 3 Office Equipment.......................................163 3,000 Office Supplies...........................................124 1,200 Accounts Payable..............................201 4,200 Purchased equipment and supplies on credit. 6 Cash............................................................101 4,000 Services Revenue...............................403 4,000 Received cash for services. 9 Accounts Receivable.................................106 7,500 Services Revenue...............................403 7,500 Billed client for completed work. 12 Accounts Payable......................................201 4,200 Cash....................................................101Cash....
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chapter 2 - Part 1 Mar. 1

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