Question 2 For transactions 1-6 complete the following schedule for Red Eye Company....
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Question For transactions complete the following schedule for Red Eye Company. HINT: You should only enter an amount in ONE column for transactions Make sure to tally ending balances!! Transaction Beginning balances Borrowed $ cash by signing a note payable with a bank. Collected accounts receivable for cash, $ Paid accounts payable, $ cash. Purchased office supplies on credit, $ Sold common stock, at par value, to new investors in exchange for $ cash. Paid income taxes payable of $ Ending balances 
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For transactions complete the following schedule for Red Eye Company. HINT: You should only enter an amount in ONE column for transactions Make sure to tally ending balances!!
Transaction
Beginning balances
Borrowed $ cash by signing a note payable with a bank.
Collected accounts receivable for cash, $
Paid accounts payable, $ cash.
Purchased office supplies on credit, $
Sold common stock, at par value, to new investors in exchange for $ cash.
Paid income taxes payable of $
Ending balances
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