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1. record the following selected trasacrions for alril in a two column journal, identifyibg each entry by letter 2. journalize the following selected transactions for

1. record the following selected trasacrions for alril in a two column journal, identifyibg each entry by letter
2. journalize the following selected transactions for january. explanations may be omitted image text in transcribed
image text in transcribed
1. Record the following selected transactions for April in a two-column journal, identifying each entry by letter (a) Received $18,000 from sale of common stock (b) Purchased equipment for $27,000, paying $10,000 in cash and giving a note payable for the remainder. (c) Paid $2,300 for rent for April (d) Purchased $1,500 of supplies on account (e) Recorded $9,800 of fees earned on account (f) Received $7,500 in cash for fees earned (g) Paid $1,200 to creditors on account (h) Paid wages of $3,425. (i) Received $7,900 from customers on account. )Recorded dividends of $1,875 2. Journalize the following selected transactions for January. Explanations may be omitted. Received cash from the sale of common stock, $14,000. Received cash for providing accounting services, $9,500. Billed customers on account for providing services, $4,200. Paid advertising expense, $700 Received cash from customers on account, $2,500 Paid dividends, $1,010 Received telephone bill, $900. Paid telephone bill, $900. Jan. 1 2 3 4 5 6 7 8 Post Description Debit Date Credit Ref

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