This question was created from ACCT504_W3_Case_Study_rbass https://www.coursehero.com/file/15402750/ACCT504-W3-Case-Study-rbass/

This question was created from ACCT504_W3_Case_Study_rbass https://www.coursehero.com/file/15402750/ACCT504-W3-Case-Study-rbass/
February 12, 2020
(TCO 3) Cindy’s Limo Service provides transportation services in and around Middleville.
February 12, 2020

This question was created from ACCT504_W3_Case_Study_rbass https://www.coursehero.com/file/15402750/ACCT504-W3-Case-Study-rbass/

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my question is when you are debiting the equipment, on the credit side, do you put two entries? as you paid cash 1500 then put on account 10000 so this would be added as account payable?

 
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