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2. Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions. 1. The company

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2. Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions. 1. The company issues stock in exchange for $50,000 cash 2. Purchased $500 of supplies on credit. 3. Purchased equipment for $8,000, paying $2,000 in cash and signed a 30-day, $6,000, note payable. 4. Real estate commissions billed to clients amount to $6,000. 5. Paid $800 in cash for the current month's rent. 6. Paid $200 cash on account for supplies purchased in transaction 2. 7. Received a bill for $800 for advertising for the current month. 8. Paid $2,000 cash for office salaries and wages. 9. The company paid dividends of $1,000. 10. Received a check for $3,000 from in transaction 4. a client in payment on account for commissions billed

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