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12 Exercise 2-8A Record transactions (LO2-4) 34 points Skipped eBook Hint Print References Terrapin Company engages in the following external transactions for November 1. Purchase
12 Exercise 2-8A Record transactions (LO2-4) 34 points Skipped eBook Hint Print References Terrapin Company engages in the following external transactions for November 1. Purchase equipment in exchange for cash of $23,400. 2. Provide services to customers and receive cash of $6,800 3. Pay the current month's rent of $1,300, 4. Purchase office supplies on account for $1,000. 5. Pay employee salaries of $2.100 for the current month. Required: Record the transactions. Terrapin uses the following accounts: Cash, Supplies, Equipment Accounts Payable, Service Revenue Rent Expense, and Salaries Expense (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Ch View transaction list Journal entry worksheet ed < 2 3 4 5 Purchase equipment in exchange for cash of $23,400. Note: Enter debits before credits. ces Transaction General Journal Debit Credit Record entry Clear entry View general journal
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