Problem

Analyzing transactions [5 min]Getaway Travel, Inc., recorded revenues of $2,800 earned on...

Analyzing transactions [5 min]

Getaway Travel, Inc., recorded revenues of $2,800 earned on account by providing travel service for clients.

Requirements

1. How much are the business’s cash and total assets after the transaction?


2. Name the business’s asset which was increased as a result of the transaction.

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