Business Accounting ASSIGNMENT 2
Life, Inc., experienced the following evnts in 2016, its first year of operaton:
1. Performed counseling service for $36,000 cash
2. On February 1, 2016 paid $18,000 cash to rent office space for the comming year.
3. Adjust the account to reflect the amount of rent used during the year.
Required:
Based o this information alone:
a. Record the events under an accounting equation
b. Prepare and invoice st
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05 Oct 2017