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On May 1, Chuck Taylor Formed Fast-Forward, a Shoe Consulting  Assets = Liabilities + Equity \begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}

question 214

Essay

On May 1, Chuck Taylor formed Fast-Forward, a shoe consulting business as a corporation. To start the business he invested $750,000 in cash. Enter the appropriate amounts reflecting the transaction into the accounting equation format shown below.
 Assets = Liabilities + Equity \begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}


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