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P1-46A (similar to) Question Help C Amanda Pandecenty opened her own whice on March 1, which she operates a corporation. The


* More Info Mar. 1 Sold personal investment in Amazon stock, which she had owned for several years, receiving $32,000 cash. 2
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Amanda
ASSETS = LIAB. Equity
Date Cash + A/R + Office Sup. + Comp. = A/P + Com. Stock - Div. + Service Rev. - Util Exp. - Misc. Exp.
1-Mar + + + = + - + - - This is not related to business. It is a sale of personal investment. So it will not be a part of accounting equation.
2-Mar + + + = + - + - - This is not related to business. It is a deposit of cash into personal account. So it will not be a part of accounting equation.
3-Mar      68,000.00 + + + = +      68,000.00 - + - -
5-Mar          (650.00) + +         650.00 + = + - + - -
7-Mar + + +        9,300.00 =       9,300.00 + - + - -
9-Mar        2,500.00 + + + = + - +        2,500.00 - -
15-Mar + + + =          340.00 + - + - -         340.00
23-Mar +      16,000.00 + + = + - +      16,000.00 - -
28-Mar          (340.00) + + + =         (340.00) + - + - -
30-Mar      (1,050.00) + + + = + - + -      1,050.00 -
31-Mar        2,800.00 +      (2,800.00) + + = + - + - -
31-Mar      (3,000.00) + + + = + -      3,000.00 + - -
$ 68,260.00 + $ 13,200.00 + $     650.00 + $   9,300.00 = $   9,300.00 $ 68,000.00 $ 3,000.00 $ 18,500.00 $ 1,050.00 $     340.00
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