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Arrange the following asset, liability, and equity titles in a table: Cash; Accounts Receivable; Office Supplies; Office Equipment; Accounts Payable; Notes Payable; F. Otanes, Capital. Use additions and subtractions to show the effects of each transaction on the accounts in the accounting equation. May 1 - Atty. Felicitas O. Otanes, a lawyer opened the Otanes Law Firm on May 1, 2021, with a cash investment of P 250,000 and supplies worth P 50,000.
