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Business, 10.07.2021 03:00 arivalen

Tiny Town Kennel earns service revenue by caring for the pets of customers. Tiny Town Kennel is organized as a sole proprietorship and owned by Earle Martin . During the past​ month, Tiny Town Kennel has the following​ transactions: LOADING... ​(Click the icon to view the​ transactions.) Indicate the effects of the business transactions on the accounting equation for Tiny Town Kennel. Transaction​ (a) is answered as a guide. a. Received $ 520 cash for service revenue earned.​ (Transaction (a) is answered as a​ guide.) a. Increase asset (Cash) ; Increase equity (Service Revenue) b. Paid $ 325 cash for salaries expense.

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Tiny Town Kennel earns service revenue by caring for the pets of customers. Tiny Town Kennel is orga...
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