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Post the transactions into the appropriate t accounts

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Haden Fry decided to start a dental practice. The first five transactions for the business follow.

Haden invested $90,000 cash in the business.
Paid $30,000 in cash for equipment.
Performed services for cash amounting to $9,000.
Paid $3,800 in cash for advertising expense.
Paid $3,000 in cash for supplies.

Problem 1: Select which two accounts are affected in each of the above transactions.

Problem 2: Post the above transactions into the appropriate T accounts.

Reference no: EM132986382

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