Solution-Create a table analyze the transactions

Create a table analyze the transactions

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Reference no: EM132908010

Question - Create a table in Excel, analyze the following transactions and indicate the account that increases and the account that decreases, or if both accounts decrease or both accounts increase. It also indicates how the accounting equation is affected.

-Cash is received for investment in the business of $80,000.

-$2,200 cash monthly rent is paid.

-Office supplies are purchased for $600.00 in cash.

-Office equipment is purchased on credit for $4,000.

-Work is done to a customer on credit for $2,500.

Reference no: EM132908010

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Create a table analyze the transactions

Reference no: EM132908010

Reference no: EM132908010

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