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    MsFocused26 Posts: 2, Reputation: 1
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    #1

    Aug 27, 2012, 10:03 PM
    Accounting help please
    1. Issued Stock in exchange for $30,000.
    2. Purchased Office Equipment for Cash, $3,000.
    3. Billed Customer for services performed, $2,000.
    4. Purchased supplies on account, $60.
    5. Received partial payment from customer in c, $700
    6. Made partial payment on d, $10.
    7. Received bill for rent, $300. Will make payment in one week.
    8. Paid salaries of $300.
    9. Declared and paid $200 dividend.

    What would these transactions be considered in accounting? Cash, Accounts Receivable, Supplies, Office Equipment, Accounts Payable, Common Stock, Revenues , Expenses, Dividends?

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