For each of the following journal entries, briefly describe what event you believe it describes. A. Dr.

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For each of the following journal entries, briefly describe what event you believe it describes.

A. Dr. Cash Cr. Accounts receivable B. Dr. Equipment Cr. Cash C. Dr. Salary expense Cr. Cash D. Dr. Royalties expense Cr. Royalties payable E. Dr. Insurance expense Cr. Prepaid insurance.

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