FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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terpret and Navigate!
gain, congratulations! You made it. Now Indicate whether it is an increase (+), decrease (-), or no
(NE) on the asset, liabilities, and equity accounts.
Assets
Liabilities
Equity
Investment of cash in the business
NE
Purchase of computer equipment for cash
Billed a customer for services rendered
NE
Paid salaries
Purchased office supplies on credit
Paid advertising expense
Paid rent in advance for 3 months
Received cash from customers on account
NE
NE
Withdrew cash for personal use
Tnvested land into the company
iching Type
Accounts Receivable
Intangible-Assets
ets
Focus
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Transcribed Image Text:terpret and Navigate! gain, congratulations! You made it. Now Indicate whether it is an increase (+), decrease (-), or no (NE) on the asset, liabilities, and equity accounts. Assets Liabilities Equity Investment of cash in the business NE Purchase of computer equipment for cash Billed a customer for services rendered NE Paid salaries Purchased office supplies on credit Paid advertising expense Paid rent in advance for 3 months Received cash from customers on account NE NE Withdrew cash for personal use Tnvested land into the company iching Type Accounts Receivable Intangible-Assets ets Focus
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