kristoff walker operates his own catering service. Summary financial data for February are presented...

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kristoff walker operates his own catering service. Summary financial data for February are presented in equation form as follows. Each line designated by a number indicates the effect of a transaction on the equation.

Robert · Accepted Answer

Nature of transactions 
Kristoff walker operates her own catering service. Summary financial data for February 
are presented in equation form as follows. Each line designated by a number indicates 
the effect of a transaction on the equation.
Describe each transaction. 
In the beginning there was balance which indicates that Kristoff walker has already 
started his business and his transactions for the February are as follows. 
1) There was an increase in cash which shows that the services have been 
rendered for cash for $36,000 
2) In the 2nd transaction cash has been decreased for $20,000 and land has been 
increased for $15,

kristoff walker operates his own catering service. Summary financial data for February are presented in equation form as follows. Each line designated by a number indicates the effect of a transaction...

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