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Mal Amanda oter 3 Review Assignment Help Save& Exit Submit Check my work Yard Professionals...

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Accounting

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Mal Amanda oter 3 Review Assignment Help Save& Exit Submit Check my work Yard Professionals Inc. experienged the following events in Year 1, its first year of operation 1. Performed services for $25,000 cash 2. Purchased $7,000 of supplies on account. 3. A physical count on December 31, Year 1, found that there was $1,500 of supplies on hand Required Based on this information alone a. Record the events in general ledger accounts under an accounting equation. (Enter any decreases to account balances with a terencesminus sign Effect of Events on the Accounting Equation for Year 1 Liabilities Stockholders Cash SuppliosAccounts guiy 2. Punchased supplies 3. Used supplies Ul

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