Business
Business, 24.04.2020 23:06, starxx05235

The following are select transactions that occurred in July 2019 for a photography company, Park Photo. The company paid rent on its studio for July and August at $2,000 per month The company bought $500 of office supplies in July on account. At the end of July, the company determined it had only $400 of supplies left on hand. The company received a deposit of cash of $5,000 for a wedding that it will photograph in November. The service for the customer will be completed in November. At the end of July, after all adjusting entries have been made for the month, how much did total assets for Park Photo increase or decrease by from the above transactions

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The following are select transactions that occurred in July 2019 for a photography company, Park Pho...

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