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Prepare a table to summarize the preceding transactions as they affect the accounting equation.

Purchased 20 pairs of in-line skates at $125 per pair, 20 helmets at $50 each, and 20 sets of protective gear at $45 per set for cash.

Received 50% of the amount billed to the park district ($1,200 total)

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M939905

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