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A. Marilyn Monroe invested $61,500 in cash to start the firm. B. Issued check for $4,300 to pay the rent for current month. C. Purchased
A. Marilyn Monroe invested $61,500 in cash to start the firm. B. Issued check for $4,300 to pay the rent for current month. C. Purchased an automobile that will be used to visit clients, issued check for $32,800 in full payment. D. Purchased supplies for $860; paid immediately by check. E. Purchased office equipment for $18,950 on credit from Denton, Inc., received invoice, payable in 30 days. F. Performed services for $2,640 in cash. G. Returned damaged supplies for a cash refund of $65. H. Issued check for $16,200 to Denton, Inc., as payment on account. 1. Paid $135 for monthly telephone bill by check. J. Withdrew $530 in cash for personal expenses. Determine the accounts and amounts to be debited and credited for the above transactions for Monroe's Auto Repair
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