Marc Industries had the following transactions. 1. Borrowed $5,000 from the bank by signing a note. 2.
Question:
Marc Industries had the following transactions.
1. Borrowed $5,000 from the bank by signing a note.
2. Paid $3,100 cash for a computer.
3. Purchased $850 of supplies on account.
Instructions
Journalize each transaction. (Omit explanations.)
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1 Cash 5000 Notes Payable 5000 2 Equip...View the full answer
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College Accounting
ISBN: 1986
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Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell
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