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esc C Chapter 1 Graded HW i https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.c...Q Saved 3 3.34 points 03:19:09 Exercise 1-15 (Algo) Identifying effects of transactions using the accounting equation LO P1 Ming Chen started a business and had the following transactions in June. a. Owner invested $68,000 cash in the company along with $15,000 of equipment. b. The company paid $2,700 cash for rent of office space for the month. c. The company purchased $14,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,100 cash. e. The company completed work for a client and sent a bill for $7,500 to be received within 30 days. h. The company collected $4,900 cash as a partial payment for the amount owed by the client in transaction e. f. The company purchased additional equipment for $6,600 cash. eBook g. The company paid an assistant $2,000 cash as wages for the month. Print i. The company paid $14,000 cash to settle the liability created in transaction c. j. The owner withdrew $1,700 cash from the company for personal use. References Mc Graw Hill Q Search Help Save & Exit Submit Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. a. b. Balance after a and b C. Ralance after c # Assets = ။ Liabilities Equity Cash + Accounts Receivable + Equipment = Accounts Payable + Ming Chen, Capital Ming Chen, Withdrawals + Revenues 1 Expenses $ 68,000 (2,700) + + + $ 15,000 = + 65,300 + 0 + 15,000 0 + + + + + + + 0 0 + + 0 + 65 300 t n 15 000 Ո C C + I I I C 0 C 1 $ SA ON DII % < Prev 3 of 3 Next > 5 DELL & 99+ 6 40°F A W Clear Check my work prt sc home end inser

esc C Chapter 1 Graded HW i https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.c...Q Saved 3 3.34 points 03:19:09 Exercise 1-15 (Algo) Identifying effects of transactions using the accounting equation LO P1 Ming Chen started a business and had the following transactions in June. a. Owner invested $68,000 cash in the company along with $15,000 of equipment. b. The company paid $2,700 cash for rent of office space for the month. c. The company purchased $14,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,100 cash. e. The company completed work for a client and sent a bill for $7,500 to be received within 30 days. h. The company collected $4,900 cash as a partial payment for the amount owed by the client in transaction e. f. The company purchased additional equipment for $6,600 cash. eBook g. The company paid an assistant $2,000 cash as wages for the month. Print i. The company paid $14,000 cash to settle the liability created in transaction c. j. The owner withdrew $1,700 cash from the company for personal use. References Mc Graw Hill Q Search Help Save & Exit Submit Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. a. b. Balance after a and b C. Ralance after c # Assets = ။ Liabilities Equity Cash + Accounts Receivable + Equipment = Accounts Payable + Ming Chen, Capital Ming Chen, Withdrawals + Revenues 1 Expenses $ 68,000 (2,700) + + + $ 15,000 = + 65,300 + 0 + 15,000 0 + + + + + + + 0 0 + + 0 + 65 300 t n 15 000 Ո C C + I I I C 0 C 1 $ SA ON DII % < Prev 3 of 3 Next > 5 DELL & 99+ 6 40°F A W Clear Check my work prt sc home end inser

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 32PPS
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esc C Chapter 1 Graded HW i https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.c...Q Saved 3 3.34 points 03:19:09 Exercise 1-15 (Algo) Identifying effects of transactions using the accounting equation LO P1 Ming Chen started a business and had the following transactions in June. a. Owner invested $68,000 cash in the company along with $15,000 of equipment. b. The company paid $2,700 cash for rent of office space for the month. c. The company purchased $14,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,100 cash. e. The company completed work for a client and sent a bill for $7,500 to be received within 30 days. h. The company collected $4,900 cash as a partial payment for the amount owed by the client in transaction e. f. The company purchased additional equipment for $6,600 cash. eBook g. The company paid an assistant $2,000 cash as wages for the month. Print i. The company paid $14,000 cash to settle the liability created in transaction c. j. The owner withdrew $1,700 cash from the company for personal use. References Mc Graw Hill Q Search Help Save & Exit Submit Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. a. b. Balance after a and b C. Ralance after c # Assets = ။ Liabilities Equity Cash + Accounts Receivable + Equipment = Accounts Payable + Ming Chen, Capital Ming Chen, Withdrawals + Revenues 1 Expenses $ 68,000 (2,700) + + + $ 15,000 = + 65,300 + 0 + 15,000 0 + + + + + + + 0 0 + + 0 + 65 300 t n 15 000 Ո C C + I I I C 0 C 1 $ SA ON DII % < Prev 3 of 3 Next > 5 DELL & 99+ 6 40°F A W Clear Check my work prt sc home end inser
Transcribed Image Text:esc C Chapter 1 Graded HW i https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.c...Q Saved 3 3.34 points 03:19:09 Exercise 1-15 (Algo) Identifying effects of transactions using the accounting equation LO P1 Ming Chen started a business and had the following transactions in June. a. Owner invested $68,000 cash in the company along with $15,000 of equipment. b. The company paid $2,700 cash for rent of office space for the month. c. The company purchased $14,000 of additional equipment on credit (payment due within 30 days). d. The company completed work for a client and immediately collected $2,100 cash. e. The company completed work for a client and sent a bill for $7,500 to be received within 30 days. h. The company collected $4,900 cash as a partial payment for the amount owed by the client in transaction e. f. The company purchased additional equipment for $6,600 cash. eBook g. The company paid an assistant $2,000 cash as wages for the month. Print i. The company paid $14,000 cash to settle the liability created in transaction c. j. The owner withdrew $1,700 cash from the company for personal use. References Mc Graw Hill Q Search Help Save & Exit Submit Required: Complete the table using additions and subtractions to show the dollar effects of the transactions on individual items of the accounting equation. Note: Enter decreases to account balances with a minus sign. a. b. Balance after a and b C. Ralance after c # Assets = ။ Liabilities Equity Cash + Accounts Receivable + Equipment = Accounts Payable + Ming Chen, Capital Ming Chen, Withdrawals + Revenues 1 Expenses $ 68,000 (2,700) + + + $ 15,000 = + 65,300 + 0 + 15,000 0 + + + + + + + 0 0 + + 0 + 65 300 t n 15 000 Ո C C + I I I C 0 C 1 $ SA ON DII % < Prev 3 of 3 Next > 5 DELL & 99+ 6 40°F A W Clear Check my work prt sc home end inser
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