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Aug 1 - madison harris, the owner, invested $12,500 cash and $53,750 of photography equipment in the caller in exchange for common stock.
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Mcgraw hill connect financial accounting answers chapter 3 homework Account Title Debit Cash $8,800 Accounts receivable 16,500 Office supplies 2,000 Trucks 163,000 14 more rows ...
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The company paid $3,600 cash for an insurance policy covering the next 24 months. The company purchased office supplies for $2,043 cash. The company received $3,100 cash in photography fees earned. The company paid $883 cash for August utilities.
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Home » Accounting Assignment Help » Online Exam Help » Connect Financial Accounting Chapter 2 Q1. Following are the transactions of a new company called Pose-for-Pics. Aug 1 – Madison Harris, the owner, invested $12,500 cash and $53,750 of photography equipment in the company in exchange for common stock.
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We at Accounting Assignments Help provide Chapter 1 and 2 Homework (McGraw-Hill Connect) help with step by step calculation and explanation 24*7 from our accounting experts. On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $82,780 in assets in exchange for its common stock to launch the business.
Last Update: Oct 2021
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