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Transaction 1august - PowerPoint PPT Presentation

THE ACCOUNTING EQUATION

THE ACCOUNTING EQUATION. page 8. Transaction 1 August 1. Received cash from owner as an investment, $5,000.00. RECEIVING CASH. page 10. Transaction 2 August 3. Paid cash for supplies, $275.00. PAYING CASH. page 11. Transaction 3 August 4. Paid cash for insurance, $1,200.00.

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Transaction 1august - PowerPoint PPT Presentation

THE ACCOUNTING EQUATION