Business, 10.09.2019 17:10 lerasteidl
Cheryl alder operates her own catering service. summary financial data for march are presented in the following equation form. each line, designated by a number, indicates the effect of a transaction on the balance sheet. each increase and decrease in retained earnings, except transaction (4), affects net income. cash + land = liabilities + common stock + retained earningsbal. 40,000 100,000 16,000 24,000 100,000 (1) 28,000 28,000 (2) (20,000) 20,000(3) (18,000) (18,000)(4) (1,000) (1,000)bal. 29,000 120,000 16,000 24,000 109,000(a) enter the amount for each transaction described below.(1) provided catering services for cash $ ) purchase of land for cash $) payment of expenses $ ) payment of cash dividends $
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Cheryl alder operates her own catering service. summary financial data for march are presented in th...
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