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Account title and debit credit 1 Nov1, 2020 Bob input $32,000 into the business bank account 2. Nov2, 2020 Business bought equipment for $7,300 and
Account title and debit credit
1 Nov1, 2020 Bob input $32,000 into the business bank account 2. Nov2, 2020 Business bought equipment for $7,300 and signing a note for the balance 3 Nov3, 2020 Business paid (future ) 6 months rent for $12,000 4 Nov7, 2020 Business purchased $4320 office supplies on credit. 5 Nov8, 2020 Billed the client for $17,200 services completed on account 6 Nov9, 2020 Receive a bill from Advertising agency for $2500 on account 7 Nov12, 2020 found the defective supplies from the Nov7 purchase, return $500 supplies back to the supplie 8 Nov15, 2020 paid amount due in the Nov9 transaction 9 Nov20, 2020 Received $7,500 from the Nov8 transaction 10 Nov25, 2020 Paid the balance due for Nov7 transaction 11 Nov30, 2020 received the Nov utility bill for $830, it wil be paid in Dec, 2020 12 Nov30, 2020 Paid employee salary for $6,300 Step by Step Solution
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