The Diagrams Below Show The Main Reasons Workers Chose To Work From Home And The Hours Males And Females Worked At Home For The Year 2019. Summarise The In

The Diagrams Below Show The Main Reasons Workers Chose To Work From Home And The Hours Males And Females Worked At Home For The Year 2019. Summarise The In

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As you have learned in this week’s readings the Accounting Equation is Assets =Liabilities + Owners’ Equity. Is the accounting equation true in all instances? source: helpinhomework.org

Provide sample transactions from your own experiences to demonstrate the validity of the Accounting Equation.

Basic transaction processing . On November 1 of the current year, Richard Parkerestablished a sole proprietorship. The following transactions occurred during the month:


1: Parker invested $19,000 into the business.2: Paid $9,000 to acquire a used minivan.3: Purchased $1,800 of office furniture on account.4: Performed $2,100 of consulting
services
on account.5: Paid $300 of repair expenses.6: Received $800 from clients who were previously billed in item 4.7: Paid $500 on account to the supplier of office furniture in item 3.8: Received a $150 electric bill, to be paid next month.9: Parker withdrew $600 from the business.10: Received $250 in cash from clients for consulting services rendered.

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