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Abe Factor opened a new accounting practice called X-Factor Accounting and completed these activities during...

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Accounting

Abe Factor opened a new accounting practice called X-Factor Accounting and completed these activities during March 2020: Date 1 March 1 March 3 March 5 March 9 March 11 March 15 March 20 March 22 March Transaction Abe Factor invested $50,000 in cash and office equipment at the cost of $12,000 for the business. Prepaid $9,000 cash for three months' rent for an office. Made credit purchases of used office equipment for $6,000 and supplies for $1,200. Completed work for

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