marcum company was started in 2012 when it issued a note to borrow $6,200 cash. write an accounting...

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marcum company was started in 2012 when it issued a note to borrow $6,200 cash. write an accounting equation, and record the effects of the borrowing transaction under the appropriate general ledger account headings

Robert · Accepted Answer

QUESTION: 
Marcum Company was started in 2012 when it issued a note to borrow $6,200 cash. Write an 
accounting equation, and record the effects of the borrowing transaction under the appropriate 
general ledger account headings. 
SOLUTION: 
Assets = Liabilities + Shareholders Equity  
$6,

marcum company was started in 2012 when it issued a note to borrow $6,200 cash. write an accounting equation, and record the effects of the borrowing transaction under the appropriate general ledger...

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