Problem

Analyzing transactionsConsider the following transactional data for the first month of ope...

Analyzing transactions

Consider the following transactional data for the first month of operations of Shine King Cleaning.

Requirement

1. Prepare an analysis of the November activity using the format displayed in Exhibit 1-6 as a guide. Include the following headings: Cash; Accounts receivable, Supplies; Prepaid rent; Prepaid insurance; Truck; Equipment; Accounts payable; Unearned service revenue; Notes payable; and Hudson, capital.

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