Record the following transactions. 1. Pay employee salaries of $600 by issuing checks. 2. Purchase computer equipment

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Record the following transactions.
1. Pay employee salaries of $600 by issuing checks.
2. Purchase computer equipment of $1,000 using a credit card.
3. Pay for maintenance of $400 for a company vehicle using a debit card.

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Financial Accounting

ISBN: 978-0078025549

3rd edition

Authors: J. David Spiceland, Wayne Thomas, Don Herrmann

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Question Posted: Jul 15, 2014 04:23 AM

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Record the following transactions. 1. Pay employee salaries of $600 by issuing checks. 2. Purchase computer equipment

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1 Debit Credit Salaries Expense 500 Cash 500 ...View the full answer

Financial Accounting

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