From the sellers perspective, what are two T accounts? What two accounts are affected for the vendor?
From the sellers perspective, what are two T accounts? What two accounts are affected for the vendor?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
From the sellers perspective, what are two T accounts?
What two accounts are affected for the vendor?

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GATES GEMS
INVOICE
DATE: July 14, 20XX
INVOICE # 101
111 Main Street
Anytown, USA 12345
Phone 704-555-1212
Bill To:
Bill Smith
1222 Peachtree Street
Anytown, USA 12345
DESCRIPTION
AMOUNT
Jewelry repair
2$
125.00
TOTAL $
125.00
THANK YOU FOR YOUR BUSINESS!
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