Business, 08.06.2020 21:57, babygurl27732
The following transactions were completed by the company.
a. The company completed consulting work for a client and immediately collected $6,300 cash earned.
b. The company completed commission work for a client and sent a bill for $4,800 to be received within 30 days.
c. The company paid an assistant $1,800 cash as wages for the period.
d. The company collected $2,400 cash as a partial payment for the amount owed by the client in transaction b.
e. The company paid $860 cash for this period's cleaning services.
Required:
Write down the impact of each transaction on individual items of the accounting equation.
Answers: 2
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The following transactions were completed by the company.
a. The company completed consulting work...
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