Leon Stoker started a computer programming business, Stoker's Programming Service. For each transaction that follows, indicate which
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Leon Stoker started a computer programming business, Stoker's Programming Service. For each transaction that follows, indicate which account is debited and which account is credited?
May 2 Leon Stoker invested $10,000 in cash to start the business.
......5 Purchased a computer for $5,000 in cash.
......7 Purchased supplies on credit for $600.
......19 Received cash for programming services performed $1,000.
......22 Received cash for programming services to be performed,
......$1,200.
......25 Paid the rent for May, $1,300.
......31 Billed a customer for programming services performed, $500.
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Related Book For
Principles of Accounting
ISBN: 978-0618736614
10th edition
Authors: Belverd Needles, Marian Powers, Susan Crosson
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