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2B Score: 0 of 7 pts E2-21 (similar to) The first seven transactions of Harper Water Park Ltd. have been posted to the company's accounts
2B Score: 0 of 7 pts E2-21 (similar to) The first seven transactions of Harper Water Park Ltd. have been posted to the company's accounts as follows. i (Click the icon to view the accounts.) 2 of 3 (0 complete) Requirement Prepare the journal entries that served as the sources for the seven transactions. Include an explanation for each entry. As Harper Water Park moves into the next period, how much cash does the business have? How much does Harper Water Park owe its creditors? Prepare the journal entries that served as the sources for the seven transactions. Include an explanation for each entry. (Record debits first, then credits. Enter explanations on the last line.) Begin by recording the journal entries; start with transaction (1). 1 Journal Entry Accounts and Explanations Debit Credit Accounts Cash (1) (5) 10,300 (3) (2) 6,800 (6) 70 (7) 5,000 (4) Supplies 600 (5) Equipment Land 70 (6) 5,300 (3) 34,000 5,300 100 Accounts Payable Note Payable (7) 100 (4) 600 (2) 6,800 (3) 29,000 Print Done Share Capital (1) 10,300 Save HW Score: 0%, 0 of 34 pts Question Help
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