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martkm
Jun 18, 2009, 12:10 AM
We invested 58K cash and equipment 20K
purchase $70 office supplies
Paid $2K for salary
Sold pinting $4800
Billed client $150
what was balance of cash account after these transaction posted?
pready
Jun 18, 2009, 11:51 AM
First transaction is +$58K to cash
Second Transaction no effect to cash unless cash paid
Third Transaction -$2K
Fourth Transaction No effect to cash unless cash received
Fifth Transaction No effect to Cash