What is the final balance for each relevant account

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Reference no: EM133378575

Question: Ending Balances The owner of Newberry Consulting contributed $10,000 cash to the company. The company then used $5,000 cash to buy new equipment for the company. Finally, the company earned and received $1,000 in cash for consulting services performed. Required: What is the final balance for each relevant account? Show your final balances and the name of each account (hint - you may want to use T-Accounts offline with pen-and-paper, and then post your final balance for each T-Account here as your answer.)

Reference no: EM133378575

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