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1. (a) On October 10th, Nikle Company purchased supplies worth $2,750 on account. Prepare the journal entry to record this transaction. (b) Nikle Company paid

1. (a) On October 10th, Nikle Company purchased supplies worth $2,750 on account. Prepare the journal entry to record this transaction. (b) Nikle Company paid for the supplies purchased in (a) on October 25th. Prepare the journal entry to record this transaction

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