Business, 01.10.2019 20:00, recon12759
The following selected transactions were completed by silverado delivery service during february: 1. received cash from owner as additional investment, $25,000.2. purchased supplies for cash, $750.3. paid rent for february, $3,000.4. paid advertising expense, $1,5005. received cash for providing delivery services, $16,800.6. billed customers for delivery services on account, $32,5007. paid creditors on account, $1,400.8. received cash from customers on account, $23,770.9. determined that the cost of supplies on hand was $275 and $475 of supplies had been used during the month.10. paid cash to owner for personal use, $5,000.indicate the effect of each transaction on the accounting equation by listing the num- bers identifying the transactions, (1) through (10), in a column and inserting at the right of each number the appropriate letter from the following list: a. increase in an asset, decrease in another asset. b. increase in an asset, increase in a liability. c. increase in an asset, increase in owner's equity. d. decrease in an asset, decrease in a liabilitye. decrease in an asset, decrease in owner's equity.
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The following selected transactions were completed by silverado delivery service during february: 1....
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