Prepare journal entries for each of the following selected transactions: a. On January 13, Chico Chavez opens

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Prepare journal entries for each of the following selected transactions:

a. On January 13, Chico Chavez opens a landscaping business called Showcase Yards by investing Preparing journal entries

\($70,000\) cash along with equipment having a \($30,000\) value. pj

b. On January 21, Showcase Yards purchases office supplies on credit for \($280\).

c. On January 29, Showcase Yards receives \($7,800\) cash for performing landscaping services.

d. On January 30, Showcase Yards receives \($1,000\) cash in advance of providing landscaping services to a customer.

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Fundamental Accounting Principles

ISBN: 9780072946604

17th Edition

Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta

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