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7 Part 1 of 2 Required information Use the following information for Exercises 19-20 below. (Algo) [The following information applies to the questions displayed below.)
7 Part 1 of 2 Required information Use the following information for Exercises 19-20 below. (Algo) [The following information applies to the questions displayed below.) Chase Company posted transactions (a through f) in the following T-accounts in December, its first month of operations. 10 points Cash Supplies 8 01:31:29 Debit Credit Debit Credit 18,000 b. 17,000 e. f. 6,000 b. 7,000 d. 5,000 6,000 7,500 eBook Accounts Payable Debit Credit 5,000 d. Debit Chase, Capital Credit 18,000 f 7,500 Ask Rent Expense Services Revenue Debit Credit C. 17,000 e. Debit Credit 7,000 Print G References Exercise 2-19 (Algo) Identifying transactions from T-accounts LO A1 Prepare the journal entries from which the postings were made. View transaction list View journal entry worksheet Transaction General Journal Credit No 1 Debit 17,000 a. Cash 2 b Supplies 7,500
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