The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description. Assets Li Accounts Cash Receivable = Accou Supplies $ 4,000 Land $ 29,000 + 4,900 $ 0 $28,500 4,900 + + 1. 2. 1,190 3. 2,850 1,190 2,850 $ 25,760 + 4. 2,850 $ 0 5. $ 5,190 $ 33,400 + + %3D II +
The following table shows the effects of transactions 1 through 5 on the assets, liabilities, and equity of Mulan's Boutique. Match each transaction with its probable description. Assets Li Accounts Cash Receivable = Accou Supplies $ 4,000 Land $ 29,000 + 4,900 $ 0 $28,500 4,900 + + 1. 2. 1,190 3. 2,850 1,190 2,850 $ 25,760 + 4. 2,850 $ 0 5. $ 5,190 $ 33,400 + + %3D II +
Chapter1: Financial Statements And Business Decisions
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