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A. On July 16, Arrow Corp. purchases 250 compoters (Equlpment) at 5580 per computer from a supplief, on credit. Terms of the purchase are 4/10,
A. On July 16, Arrow Corp. purchases 250 compoters (Equlpment) at 5580 per computer from a supplief, on credit. Terms of the purchase are 4/10, nise from the ithaice date of July 16 8. On Auguat 10, Hondo Inc. recelves advance cash payment from a client for legal services in the amount of s9,400. Hondo had yet to peoyide iegal seryices of of August 10. C. On September 22, 3ack Pies sels po ples for 550 cash per pie. The soles tax rate is 10. D. On November 8, More Supplies paid a portion of their noncurrent note in the amount of $4,050 cash. Prepare any necessery joumal entries. If an amount box does not require an entry, leave it blank
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